Tag #Contract termination

Conveyancing, Property Law, Residential Property Purchases, W & G Lawyers

What Does “Pay” Really Mean in a Property Contract? Paid or Received?

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By Xiaonan (Nancy) Wang, Legal Practice Director, W & G Lawyers

When it comes to property contracts in Queensland, timing is everything. A recent Court of Appeal decision has clarified a deceptively simple but critical question: does “pay” mean that funds are treated as paid once the buyer initiates a transfer, or only when the deposit holder actually receives the money?

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#Property Law Act 2023, Conveyancing, Legal Compliance, Property Law, Residential Property Purchases, Seller Disclosure

New QLD Property Disclosure Law 2025: What Sellers Must Do

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From 1 August 2025, all Queensland property sellers will be required to comply with the new Seller Disclosure Scheme under the Property Law Act 2023 (Qld). This includes residential, commercial, and vacant land sales. A failure to provide proper disclosure may lead to the contract being terminated or expose the seller to legal liability. If you’re new to this topic, we recommend reading our earlier article explaining the fundamentals: New Seller Disclosure Laws Coming to Queensland Property Sales

In this article, we focus on what sellers need to do in practice before listing or selling their property.

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