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Property MarketingQLDMEDIUM

Under Queensland legislation, a seller of residential property must complete a seller's disclosure statement (Form 24) before marketing. This form requires disclosure of:

Correct Answer

B) Known defects, encumbrances, and matters affecting the property

The seller's disclosure requirements in Queensland relate to known defects, encumbrances, neighbourhood nuisances, and other material matters affecting the property that a buyer would reasonably want to know about.

Answer Options
A
The seller's reason for selling
B
Known defects, encumbrances, and matters affecting the property
C
The seller's original purchase price
D
The names of all previous owners

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Related Topics & Key Terms

Key Terms:

seller disclosureknown defectsencumbrances
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