Attorney-General and Minister for Justice, Jarrod Bleijie, has released the first two issue papers for a review that will improve how Queenslanders buy, sell and manage property.
Queenslanders have been invited to have their say in a review of Queensland property law, and can access the first two pages below:
“I am pleased the first two issue papers on seller disclosure requirements and body corporate lot entitlements will kick start this review,” said Mr Bleijie.
First announced by Minister Bleijie at last year's Living in Strata 'Body Corporate Trade show' on the Gold Coast, the review is set to include major shakeups to strata management throughout the state, and aims to develop strategies to reduce red tape and property law duplication, as well as refine body corporate regulation.
Mr Bleijie said the review will help unlock activity in the property and construction industries that have been burdened with unnecessary regulation and red tape for too long.
“It is an exciting opportunity for property professionals, bodies corporate, property owners and the wider community to have their say in shaping this important review,” he said.
“This government knows that property and construction are critical to Queensland’s future economic growth and prosperity. Furthermore, this review delivers on our election promise to grow construction as one of the four pillars of the economy.”
The Queensland government is collaborating with property law experts from the Queensland University of Technology (QUT) to examine current legislation including the Property Law Act 1974, Land Sales Act 1984 and the Body Corporate and Community Management Act 1997.
Mr Bleijie said that QUT was initially focusing on the effectiveness of the current seller disclosure obligations and whether the current body corporate lot entitlement needed reform.
“We want all consumers to be properly informed when it comes to buying property,” he said. “This is about getting the balance right and having a system that promotes the future of the property sector.
“We are committed to delivering real improvements for Queensland's property and construction industries, and with this review we are well on our way to achieving this goal.”
To have your say and keep up to date with the review, click here.