A Queensland seller forgets to give the buyer the seller disclosure statement before the buyer signs the contract. What can the buyer do?
Correct Answer
A) The buyer may terminate the contract by written notice at any time before settlement
Under the seller disclosure scheme in the Property Law Act 2023 (Qld), which began on 1 August 2025, a seller must give the buyer a seller disclosure statement (Form 2) and the prescribed certificates before the buyer signs the contract. If the seller does not comply, the buyer may terminate the contract by written notice at any time before settlement.
Why This Is the Correct Answer
Queensland's seller disclosure scheme, which started on 1 August 2025, requires the Form 2 statement and prescribed certificates to be given before the buyer signs. If they are not given, the buyer can terminate the contract by written notice at any time up to settlement.
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