real estate
IndustryReferenced in 3 bills
Body Corporate and Community Management and Other Legislation Amendment Bill 2023
This bill reforms Queensland's body corporate laws in several significant ways. It creates a new process for terminating ageing or uneconomic apartment and unit schemes with 75% owner support, protecting dissenting owners with fair compensation. It restricts developers from using sunset clauses to cancel 'off the plan' contracts, and modernises everyday rules around smoking, pets and parking in strata schemes.
Property Law Bill 2023
This bill replaces Queensland's 50-year-old Property Law Act with modernised legislation that makes property transactions clearer and safer. It introduces a mandatory seller disclosure scheme so buyers receive standardised information before signing contracts, supports electronic conveyancing, and protects parties when settlement is disrupted by emergencies or system failures.
Residential Tenancies and Rooming Accommodation and Other Legislation Amendment Bill 2024
This bill makes major reforms to Queensland's rental laws to strengthen tenant protections in a tight housing market. It bans rent bidding, applies the 12-month rent increase limit to properties rather than individual tenancies, caps break-lease fees, requires evidence for bond claims, and protects tenant privacy. The bill also requires property agents to complete mandatory annual training and allows local government employees to reduce their superannuation contributions.