Seller Disclosure: Changing the Game for Body Corporate Sales

The Queensland mandatory seller disclosure regime under the Property Law Act 2023 has shifted disclosure from a back-end step to a front and centre requirement. Since August 2025, all strata lot sales must include a Form 33 Body Corporate Certificate, with impacts now being felt across Bodies Corporate of all sizes.

More Transparent Sales Process

The new disclosure certificate provides a consistent framework for buyers and sellers, ensuring key details are presented clearly from the outset.

This reduces fragmented information, sets realistic expectations, and lowers the risk of post contract disputes by delivering:

• Greater clarity of financials and governance
• Clearer seller disclosure obligations
• Stronger buyer confidence

Managing Cost and Responsibility

The $84.10 fee has drawn attention given the work required to prepare compliant certificates, prompting discussion about fair cost allocation and efficiency.

Schemes are reviewing procedures and service agreements to clarify responsibilities and manage risk.

To support this, committees can:

• Confirm who prepares and reviews certificates
• Set expectations and timeframes
• Ensure compliance with legislative requirements

Navigating Change with Collaboration

As with any regulatory shift, there have been growing pains, including concerns about timing and liability. Encouragingly, most issues can be addressed through early engagement and proactive planning.

With clear workflows and open communication between owners, committees and Body Corporate Managers, certificates can be issued efficiently without disrupting conveyancing timetables.

Approaching the change collaboratively and strategically will ensure your Body Corporate is well placed to manage risk, control costs and support smooth property sales moving forward.