MDL Est 1978 HIGH RES LOGO V2

Climate change impact on property sales

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Climate change impact on property sales

In response to its concern about the impact of climate change the Queensland Government has introduced new legislation, to commence 1 January 2010, requiring Sellers of houses and apartments to provide certain information to prospective buyers in respect to:

  • Energy
  • Water
  • Access
  • Safety

 

Under the new legislation real estate agents and private sellers cannot publish an advertisement for the sale of property unless the advertisement includes information about where a copy of the relevant information can be obtained.

The requirements excludes advertisements published in newspapers and magazines and non specific signs, eg. Generic “For Sale” signs.

A prospective buyer is entitled to view the information (the Sustainability Declaration) and during open inspections, a copy of the Sustainability Declaration is to be visibly displayed at the site.

The aim of the declaration is to increase awareness about the sustainable housing features when a property is marketed for sale and to promote the ongoing financial benefits of energy, water and similar measures in the dwelling.

The Sustainability Declaration is available on the Department of Infrastructure and Planning website.

If you require more information about this or any other property advices of a legal nature, please contact our Cleveland or Capalaba offices on 07 3370 5100 or email us.

Bruce Durie, Director

MDL Est 1978 HIGH RES LOGO V2

www.mdrn.com.au

 

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