Queensland residents draws to the attention of the House, that current legislation in Queensland governing sunset clauses in off-the-plan contracts for residential properties lacks adequate protection. Increasingly, developers are using delays, often deliberate to trigger the sunset clause, terminate contracts, and relist properties at significantly higher market prices. This practice unfairly disadvantages original buyers who enter contracts in good faith, often investing substantial time, financial commitment, and emotional energy.

Your petitioners therefore request the House to conduct a review of the legislation governing sunset clauses in off-the-plan contracts for houses, townhouses, and units in Queensland and implement reforms that prevent developers from exploiting these provisions to the detriment of purchases.