In Queensland, new laws now require property sellers to provide a full disclosure of the property’s details before a buyer signs a contract. This is intended to create greater transparency and protect buyers. However, there are still various unforeseen risks associated with property ownership which may not be apparent from disclosure statement and property searches.
Title insurance may help mitigate some of the risks that might not be covered under the seller’s disclosure. While seller disclosure is a critical step in a property transaction, title insurance offers an additional layer of protection for buyers.
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