The proposed changes will see the replacement of PAMDA with four
new pieces of legislation that are industry specific. Collectively
referred to as the draft 'Agents Bills 2013', the four
proposed Bills are:
By clicking on these links, you can view the proposed Bills.
Of note to the property sector are the following proposals
contained in the Property Occupations Bill 2013:
The Form 30C - Warning Statement is to be abolished.
The Body Corporate and Community Management Form 14 is to be
A requirement will be introduced for sellers to include a
consumer protection statement immediately above each signature
panel on each page the buyer signs the contract, which draws the
buyer's attention to the five day cooling-off period and
recommends the buyer seek independent legal advice.
The consequences for failing to provide the requisite consumer
notice will constitute an offence but will not create a statutory
right for the buyer to terminate the contract.
The disclosure requirements for selling agents to buyers and
sellers appear largely unchanged.
The strict requirements regarding the provision of lawyer's
There is no predicted commencement date for the draft Agents
Bills at this stage.
The draft Agents Bills are open for public comment. The
consultation period ends at 5.00 pm on Monday, 11 March
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2010, 2011 and 2012
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2012 (Best Brisbane Firm)
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Australian Law Firm (revenue less than $50m)
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guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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The Council announced planning policies to encourage more inner suburban retirement village and aged care development.
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