Can Agents Prepare A Form 2? Yes — But Should They?
While Queensland's New Property Laws Allow Real Estate Agents To Prepare Form 2 Seller Disclosure Statements, It's Highly Recommended To Use A Specialised Service Like SearchX To Avoid Significant Legal Liability Associated With This Complex Legal Document.
Under Queensland’s new property law regime commencing 1 August 2025, it’s true that real estate agents can assist vendors with the preparation of the Form 2 Seller Disclosure Statement. However, just because you can doesn’t mean you should - particularly when significant legal liability and regulatory compliance are at stake.
The REIQ has confirmed that agents are not prohibited from preparing the Form 2, provided the content is complete and accurate. But herein lies the problem: the Form 2 is a legal document. Errors or omissions - even unintentional - can expose agents and their agencies to serious legal and financial consequences, including claims of misrepresentation or misleading conduct.
For most agents, this is uncharted legal territory. You’re expected to understand and disclose easements, statutory notices, contaminated land records, and other complex matters that have traditionally been the domain of lawyers.
That’s where SearchX comes in.
SearchX is the only end-to-end solution that not only sources and compiles the required searches, but also prepares and signs off on the Form 2 with full legal oversight - assuming the legal liability on your behalf. It’s automated, fast, and legally backed by a law firm.
Why take the risk in-house when you can outsource it to a third-party platform that specialises in Form 2 compliance?
Protect yourself. Protect your vendor. Use SearchX.