Government change to benefit thousands
|| 11 Feb 2013
||Natalie Graeff, Manager Corporate Communication
||(07) 3842 5868
||0488 433 884
||07 3221 9329
Queensland Law Society today congratulated the state government on its review of legislation that could have a positive impact on thousands of property-related businesses and consumers. President Annette Bradfield said splitting the current Property Agents and Motor Dealers Act 2000 (PAMDA) into four pieces of legislation was a promising step towards simplifying an unwieldy piece of legislation.
“PAMDA combines the regulation of four separate occupations – including property agents, motor dealers, commercial agents and chattel auctioneers – into the one piece of legislation,” Ms Bradfield said.
“These are four distinct areas of business with their own requirements and we have long advocated for reform to laws that affect property contracts.
“We’re encouraged by the government’s first step to amendments, floated last year, which was to incorporate the PAMDA warning statement into property contracts.
“The Attorney-General’s statement today indicated there have been disputes between buyers and sellers because of confusion regarding the warning statement.
“Buying a property is one of the biggest investments people will ever make and we strongly encourage people to have a solicitor analyse their contract at the outset.
“We look forward to reviewing the proposed changes to PAMDA and welcome the chance to comment.
“Early consultation on draft legislation is the key to developing good law.”