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REIQ Journal : February 2010
2 bedroom Queenslander Large deck and outdoor area 3-star rated water saving showerhead Energy saving light bulbs Energy efficient air conditioner Rainwater tank The new sustainability declaration became mandatory as of 1 January 2010. It is now compulsory for all sellers to complete the statutory form before their property is marketed for sale (either through private sale or with an agent). This includes new listings from 1 January 2010, plus existing listings being marketed as at 1 January. Since the introduction of the declaration was passed through government the REIQ has been in constant communication with the Department of Infrastructure and Planning. A letter was sent to the Premier on 30 November 2009 outlining the REIQ's ongoing serious concerns about the passage of this legislation and the implications of the exceedingly short lead-in period. The lack of any transition provisions was highlighted together with the impost on members and their clients in seeking to be compliant on 1 January 2010. Through the letter the REIQ sought the deferment of the introduction date to later in 2010. While a formal response from the Premier was not received, Minister Stirling Hinchcli e wrote to the REIQ noting the expressed concerns. On 11 December 2009, Minister Hinchcli e advised that nes for real estate agents or sellers would be deferred until 1 March 2010. Additionally, the Minister responded to industry and public feedback and committed to developing a simpli ed form. Since this time the department has worked with the REIQ to develop a simpler version of the sustainability declaration which, once gazetted, will be available for use. The REIQ will continue to update members as further information is to hand however while there is a moratorium on the penalties until 1 March 2010, members are reminded the sustainability declaration is required to be completed by sellers for all properties marketed from 1 January 2010. The REIQ sustainability declaration fact sheet and ow chart are available at www.memberlink.com.au. Members are also encouraged to regularly visit www.dip.qld.gov.au for up- to-date information, government fact sheets and guidelines. REIQ Journal February 2010 5 Sustainability declaration update
December January 2010