From 1 August 2025, Queensland’s new Seller Disclosure Regime, introduced via the Property Law Act 2023 (QLD), requires sellers to provide buyers with a Form 2 Seller Disclosure Statement before any property contract can be signed.
Legal Significance of Form 2: Form 2 is not just a form, it’s a legally binding disclosure document. It outlines critical property information, including title searches, encumbrances, easements, zoning details, and statutory notices. Any inaccuracies in the Form 2 can lead to contract cancellations, legal penalties, and claims of misleading conduct.
Agent Involvement: While the REIQ confirms agents can prepare Form 2, doing so carries high risk. Errors or omissions can trigger serious legal consequences under Queensland’s property compliance framework.
Can Agents Assist Vendors With the Preparation of a Form 2 Seller Disclosure Statement
Under Queensland’s new property law regime commencing 1 August 2025, it’s true that real estate agents can assist vendors with the preparation of the Form 2 Seller Disclosure Statement. However, just because you can doesn’t mean you should - particularly when significant legal liability and regulatory compliance are at stake.
The REIQ has confirmed that agents are not prohibited from preparing the Form 2, provided the content is complete and accurate. But herein lies the problem: the Form 2 is a legal document. Errors or omissions - even unintentional - can expose agents and their agencies to serious legal and financial consequences, including claims of misrepresentation or misleading conduct.
For most agents, this is uncharted legal territory. You’re expected to understand and disclose easements, statutory notices, contaminated land records, and other complex matters that have traditionally been the domain of lawyers.
Why Agents Should Use Legal-Backed Form 2 Solutions Like SearchX
SearchX is the only end-to-end solution that not only sources and compiles the required searches, but also prepares and signs off on the Form 2 with full legal oversight - assuming the legal liability on your behalf. It’s automated, fast, and legally backed by a law firm.
Why take the risk in-house when you can outsource it to a third-party platform that specialises in Form 2 compliance? Protect yourself. Protect your vendor. Use SearchX.
Potential Liability with Agents Preparing Form 2 Seller Disclosure Statements
Real estate agents are property experts, not legal experts. Preparing Form 2 Seller Disclosure Statements exposes agents to potential liability due to:
Misinterpretation of property law
Missing disclosure of easements, environmental risks, or contaminated land notices
Incorrect document preparation
Using a legal-backed solution like SearchX:
Ensures disclosures meet mandatory Property Law Act 2023 (QLD) standards
Reduces exposure to professional negligence claims
Provides peace of mind through law firm oversight and compliance audits
From 1 August 2025, Queensland’s new Seller Disclosure Regime, introduced via the Property Law Act 2023 (QLD), requires sellers to provide buyers with a Form 2 Seller Disclosure Statement before any property contract can be signed.
Legal Significance of Form 2: Form 2 is not just a form, it’s a legally binding disclosure document. It outlines critical property information, including title searches, encumbrances, easements, zoning details, and statutory notices. Any inaccuracies in the Form 2 can lead to contract cancellations, legal penalties, and claims of misleading conduct.
Agent Involvement: While the REIQ confirms agents can prepare Form 2, doing so carries high risk. Errors or omissions can trigger serious legal consequences under Queensland’s property compliance framework.
Can Agents Assist Vendors With the Preparation of a Form 2 Seller Disclosure Statement
Under Queensland’s new property law regime commencing 1 August 2025, it’s true that real estate agents can assist vendors with the preparation of the Form 2 Seller Disclosure Statement. However, just because you can doesn’t mean you should - particularly when significant legal liability and regulatory compliance are at stake.
The REIQ has confirmed that agents are not prohibited from preparing the Form 2, provided the content is complete and accurate. But herein lies the problem: the Form 2 is a legal document. Errors or omissions - even unintentional - can expose agents and their agencies to serious legal and financial consequences, including claims of misrepresentation or misleading conduct.
For most agents, this is uncharted legal territory. You’re expected to understand and disclose easements, statutory notices, contaminated land records, and other complex matters that have traditionally been the domain of lawyers.
Why Agents Should Use Legal-Backed Form 2 Solutions Like SearchX
SearchX is the only end-to-end solution that not only sources and compiles the required searches, but also prepares and signs off on the Form 2 with full legal oversight - assuming the legal liability on your behalf. It’s automated, fast, and legally backed by a law firm.
Why take the risk in-house when you can outsource it to a third-party platform that specialises in Form 2 compliance? Protect yourself. Protect your vendor. Use SearchX.
Potential Liability with Agents Preparing Form 2 Seller Disclosure Statements
Real estate agents are property experts, not legal experts. Preparing Form 2 Seller Disclosure Statements exposes agents to potential liability due to:
Misinterpretation of property law
Missing disclosure of easements, environmental risks, or contaminated land notices
Incorrect document preparation
Using a legal-backed solution like SearchX:
Ensures disclosures meet mandatory Property Law Act 2023 (QLD) standards
Reduces exposure to professional negligence claims
Provides peace of mind through law firm oversight and compliance audits
From 1 August 2025, Queensland’s new Seller Disclosure Regime, introduced via the Property Law Act 2023 (QLD), requires sellers to provide buyers with a Form 2 Seller Disclosure Statement before any property contract can be signed.
Legal Significance of Form 2: Form 2 is not just a form, it’s a legally binding disclosure document. It outlines critical property information, including title searches, encumbrances, easements, zoning details, and statutory notices. Any inaccuracies in the Form 2 can lead to contract cancellations, legal penalties, and claims of misleading conduct.
Agent Involvement: While the REIQ confirms agents can prepare Form 2, doing so carries high risk. Errors or omissions can trigger serious legal consequences under Queensland’s property compliance framework.
Can Agents Assist Vendors With the Preparation of a Form 2 Seller Disclosure Statement
Under Queensland’s new property law regime commencing 1 August 2025, it’s true that real estate agents can assist vendors with the preparation of the Form 2 Seller Disclosure Statement. However, just because you can doesn’t mean you should - particularly when significant legal liability and regulatory compliance are at stake.
The REIQ has confirmed that agents are not prohibited from preparing the Form 2, provided the content is complete and accurate. But herein lies the problem: the Form 2 is a legal document. Errors or omissions - even unintentional - can expose agents and their agencies to serious legal and financial consequences, including claims of misrepresentation or misleading conduct.
For most agents, this is uncharted legal territory. You’re expected to understand and disclose easements, statutory notices, contaminated land records, and other complex matters that have traditionally been the domain of lawyers.
Why Agents Should Use Legal-Backed Form 2 Solutions Like SearchX
SearchX is the only end-to-end solution that not only sources and compiles the required searches, but also prepares and signs off on the Form 2 with full legal oversight - assuming the legal liability on your behalf. It’s automated, fast, and legally backed by a law firm.
Why take the risk in-house when you can outsource it to a third-party platform that specialises in Form 2 compliance? Protect yourself. Protect your vendor. Use SearchX.
Potential Liability with Agents Preparing Form 2 Seller Disclosure Statements
Real estate agents are property experts, not legal experts. Preparing Form 2 Seller Disclosure Statements exposes agents to potential liability due to:
Misinterpretation of property law
Missing disclosure of easements, environmental risks, or contaminated land notices
Incorrect document preparation
Using a legal-backed solution like SearchX:
Ensures disclosures meet mandatory Property Law Act 2023 (QLD) standards
Reduces exposure to professional negligence claims
Provides peace of mind through law firm oversight and compliance audits
From 1 August 2025, Queensland’s new Seller Disclosure Regime, introduced via the Property Law Act 2023 (QLD), requires sellers to provide buyers with a Form 2 Seller Disclosure Statement before any property contract can be signed.
Legal Significance of Form 2: Form 2 is not just a form, it’s a legally binding disclosure document. It outlines critical property information, including title searches, encumbrances, easements, zoning details, and statutory notices. Any inaccuracies in the Form 2 can lead to contract cancellations, legal penalties, and claims of misleading conduct.
Agent Involvement: While the REIQ confirms agents can prepare Form 2, doing so carries high risk. Errors or omissions can trigger serious legal consequences under Queensland’s property compliance framework.
Can Agents Assist Vendors With the Preparation of a Form 2 Seller Disclosure Statement
Under Queensland’s new property law regime commencing 1 August 2025, it’s true that real estate agents can assist vendors with the preparation of the Form 2 Seller Disclosure Statement. However, just because you can doesn’t mean you should - particularly when significant legal liability and regulatory compliance are at stake.
The REIQ has confirmed that agents are not prohibited from preparing the Form 2, provided the content is complete and accurate. But herein lies the problem: the Form 2 is a legal document. Errors or omissions - even unintentional - can expose agents and their agencies to serious legal and financial consequences, including claims of misrepresentation or misleading conduct.
For most agents, this is uncharted legal territory. You’re expected to understand and disclose easements, statutory notices, contaminated land records, and other complex matters that have traditionally been the domain of lawyers.
Why Agents Should Use Legal-Backed Form 2 Solutions Like SearchX
SearchX is the only end-to-end solution that not only sources and compiles the required searches, but also prepares and signs off on the Form 2 with full legal oversight - assuming the legal liability on your behalf. It’s automated, fast, and legally backed by a law firm.
Why take the risk in-house when you can outsource it to a third-party platform that specialises in Form 2 compliance? Protect yourself. Protect your vendor. Use SearchX.
Potential Liability with Agents Preparing Form 2 Seller Disclosure Statements
Real estate agents are property experts, not legal experts. Preparing Form 2 Seller Disclosure Statements exposes agents to potential liability due to:
Misinterpretation of property law
Missing disclosure of easements, environmental risks, or contaminated land notices
Incorrect document preparation
Using a legal-backed solution like SearchX:
Ensures disclosures meet mandatory Property Law Act 2023 (QLD) standards
Reduces exposure to professional negligence claims
Provides peace of mind through law firm oversight and compliance audits
SearchX is Queensland's fastest, 100% legally reviewed seller disclosure reports platform tailor made for real estate agents, solicitors and sellers.
Join the SearchX Community
Copyright 2025 © SearchX
SearchX is Queensland's fastest, 100% legally reviewed seller disclosure reports platform tailor made for real estate agents, solicitors and sellers.
Join the SearchX Community
Copyright 2025 © SearchX
SearchX is Queensland's fastest, 100% legally reviewed seller disclosure reports platform tailor made for real estate agents, solicitors and sellers.
Join the SearchX Community
Copyright 2025 © SearchX