REIQ Property Contracts

Contracts are available to QLS members only

The REIQ contracts are available to QLS members only you need to log in to download the contracts.

If you have difficulty downloading the document files, please contact records@qls.com.au.

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Under the terms of the licence the QLS has with the REIQ we are unable to supply these documents in any format or presentation other than as provided here (without exception) and we are unable to provide these as editable documents.

Queensland Law Society (QLS) endorses template contracts for the sale of real property published by the Real Estate Institute of Queensland (REIQ). The REIQ/QLS property contracts are the most common form of sale contracts used in Queensland. The terms are settled by the REIQ and QLS and are updated with changes in the law and in technology. 

REIQ contracts are provided to QLS Full members only to be used in accordance with the terms and conditions of the licence from the REIQ.

NB: Members are advised that alterations to the Standard Terms of Contract should only be effected via the addition of special conditions.

Default Interest Rate

The REIQ contract "Default Interest Rate" is available on the interest rates page.

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Stay up to date with the upcoming changes to e-conveyancing as well as accessing helpful resources and educational material.

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Contracts

REIQ contracts are provided to QLS members only to be used in accordance with the terms and conditions of the licence from the REIQ.

NB: Members are advised that alterations to the Standard Terms of Contract should only be effected via the addition of special conditions.

Update 30 Sept 2024 - corrections made - Members are requested to download the updated Word versions of the Contract for Houses and Residential Land (19th edition) and the Contract for Commercial Land and Buildings (10th edition). See below for further details.

REIQ Disclosure Statement

E-Conveyancing Guidelines

The E-Conveyancing Guidelines have been compiled by the Property & Development Law Committee of the Queensland Law Society. The Guidelines are designed to reflect recommended practice for solicitors who have been retained to act in residential property transactions where the parties have agreed to electronic settlement and lodgement.

Release information

30 September 2024 – Corrections made: Members are requested to download the updated Word versions of Contract for Houses and Residential Land (19th edition) and the Contract for Commercial Land and Buildings (10th edition). The edition numbers will not be changed due to the minor nature of the amendments. However, please ensure you have downloaded the Word document with “Sept 2024” in the title. Please see REIQ and QLS contracts – Comparison table for further information about the corrections.

7 June 2024: Queensland Law Society and the Real Estate Institute of Queensland (REIQ) have prepared new editions of the two residential sale of land contracts.  The new editions reflect amendments to the Residential Tenancies and Rooming Accommodation Act 2008. See the comparison table below for further details.

30 January 2023: Queensland Law Society and the Real Estate Institute of Queensland (REIQ) have prepared new editions of the four sale of land contracts for use by our members.  The contracts are updated to reflect the commencement of the e-conveyancing mandate as prescribed in the Land Title Regulation 2022.  See the comparison table below for further details. 

21 July 2022:  Queensland Law Society and the Real Estate Institute of Queensland (REIQ) have prepared new editions of the Contract for Commercial Land and Buildings (9th ed) and Contract for Commercial Lots in a Community Titles Scheme (8th ed) for use by our members.  

20 January 2022: Queensland Law Society and the Real Estate Institute of Queensland (REIQ) have prepared new editions of the Contract for Houses and Residential Land (17th ed.) and Contract for Residential Lots in a Community Titles Scheme (13th ed.) for use by our members. The key changes in the new editions are outlined in the Proctor article New REIQ residential contracts due 20 January.

Contract comparison tables

June 2024 

New editions of the two residential sale of land contracts were released in June 2024 to reflect amendments to the Residential Tenancies and Rooming Accommodation Act 2008.

January 2023

Queensland Law Society and the Real Estate Institute of Queensland (REIQ) have prepared new editions of the four standard sale contracts for use by our members. The new editions have been updated to reflect the commencement of the e-conveyancing mandate as prescribed in the Land Title Regulation 2022.  The changes for all four contracts are summarised in the following table:

July 2022

Changes made to the Contract for Commercial Land and Buildings (9th ed) and Contract for Commercial Lots in a Community Titles Scheme (8th ed), as at 21 July 2022, are summarised in the following tables:

January 2022

Changes made to the Contract for Houses and Residential Land (17th ed.) and Contract for Residential Lots in a Community Titles Scheme (13th ed.) as at 20 January 2022 are summarised in the following tables:

August 2019

Queensland Law Society and the Real Estate Institute of Queensland (REIQ) have prepared new editions of the four standard sale contracts for use by our members. The key changes in the new editions include: 

  • the addition of e-conveyancing clauses to the Commercial Land & Buildings contract and the Commercial Lots in a Community Titles Scheme contract;
  • updates to all e-conveyancing clauses to refer to electronic lodgement network operators generally; and
  • updated natural disaster clauses in all four contracts to refer to “Delay Events”, including the imminent threat of such an event.

The new versions also include a blank page at the end of each contract, at the request of members, which will allow members to add schedules or annexes to the document. 

Changes made to the standard contracts as at 20 August 2019 are summarised in the following tables:

June 2018

QLS and the Real Estate Institute of Queensland have prepared new editions of the standard contracts for use by our members. The changes arise from GST withholding at settlement measures taking effect from 1 July 2018, to facilitate the signing of the contracts by electronic means; and to update references to legislation and notice clauses.

Changes made as at June 2018 to take account of the GST withholding at settlement measures taking effect from 1 July 2018, signing the contracts by electronic means and updating references to legislation and notice clauses. The following tables summarise the changes to the standard contracts:

June 2017

Changes made to take account of the changes to the foreign resident capital gains tax withholding framework from 1 July 2017.

January 2017

Changes made to the Contract for Houses and Residential Land (12th edition compared to 13th edition) and changes made to the Contract for Residential Lots in a Community Titles Scheme (8th edition compared to 9th edition) to the definition of “Compliant Smoke Alarm”.

June 2016

To reflect the Commonwealth Government’s foreign resident capital gains tax withholding framework. A new tax measure applied to the acquisition and disposal of certain taxable property from 1 July 2016. This legislation applied to a range of transactions in addition to the sale of Australian real property. The Commonwealth Government’s foreign resident capital gains tax withholding regime will require the acquirer of certain interests in property to withhold 10% of the cost base of the asset that is being acquired. Although the “cost base” will generally be the purchase price for the asset, practitioners need to be aware that the particular “cost base” will depend on the nature of the transaction. 

QLS and the Real Estate Institute of Queensland have prepared amendments to four of the standard contracts to reflect the new tax withholding regime:


Terms and Conditions

By downloading these documents you agree that their use is subject to the following terms and conditions:

1.1 REIQ owns the copyright in the contracts.

1.2 You may only use the contracts for professional work relating to the transfer of an interest in real property.

1.3 "Use" includes printing, publishing, copying or reproducing (including by electronic reproduction) the contracts in any form and by any medium.

You must not:
2.1 Make use of the contracts other than under the terms of this agreement.
2.2 Do anything to prejudice the validity of the copyright in the contracts.
2.3 Raise or cause to be raised any question or objection concerning the validity of the copyright in the contracts.
2.4 Assist any person in objecting to the validity of the copyright in the contracts.
2.5 Sell or otherwise dispose of (whether for reward or otherwise) the contracts.
2.6 Subject to clause 3.1, alter the form of any contracts without the prior written consent of REIQ.

3.1 You may use selected individual clauses from the contract for use in any conveyancing contract involving the sale and purchase of residential or commercial property. However, where only selected clauses are used, you must not state or imply that the clauses:
3.1.1 Have the approval of QLS or that they have been adopted by REIQ, or
3.1.2 Are extracted from the contracts.
3.2 Subject to 3.1, you are required to utilise the entire contract and to place a copyright symbol on the contract indicating that copyright in the contract is held by REIQ.