Queensland Seller Disclosure Form 2: What Sellers Must Know

What is the Form 2 Disclosure Statement?

The Form 2 Disclosure Statement is a prescribed statutory document that sellers must provide to buyers before the buyer signs a contract of sale. It replaced the previous regime where sellers only had to disclose certain matters at settlement.

The Form 2 requires sellers to disclose material facts about the property including outstanding rates and charges, any notices from council or a government body, encumbrances on the title, body corporate information (if applicable), any pool compliance certificates and information about contamination or underground tanks.

What must be attached to the Form 2?

The Form 2 itself is a summary document, but it must be accompanied by a range of supporting certificates and searches. These include:

• A current rates certificate from Brisbane City Council
• A title search showing the current registered owner and any encumbrances
• A search of the Local Government Planning Scheme (zoning and overlays)
• A pool safety certificate (if a pool exists on the property)
• Body corporate records (for lots within a community titles scheme)
• Any relevant QCAT orders or notices