Sweeping changes recommended to property law in Queensland
In May of this year, QUT released the Property Law Review Final Report – Property Law Act (Qld), commissioned by the Queensland Government, recommending sweeping changes to simplify, streamline and modernise the Queensland Property Law Act. The Act covers a broad spectrum of Queensland property law, including general rules affecting property, creating and disposing of an interest in land, coownership, leases, mortgages, and covenants.
The changes generally relate to updating the Act to better facilitate e-conveyancing and giving notices electronically, simplifying rules regarding leases and covenants, and minimising the risk of inadvertently creating an instalment contract. The Report makes 232 recommendations in total.
The Queensland Government's call for submissions from stakeholders regarding the recommendations closed on 24 August 2018.
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