Buying a property

Buying a property
If you have purchased a property in our geographic area, you don’t need to let us know about the purchase. Your solicitor or conveyancer will contact us as part of the settlement process.

Before you purchase a property, we recommend you

Your building inspector will be able to help you with the above. Once the property has settled, as the new owner, you will be responsible for the repair and maintenance of pipes and plumbing.
Find out more about your responsibilities.

Change of property owner’s name

While we wait for this information from the Department of Natural Resources, Mines and Energy (DNRM), you may receive a bill from us in the previous property owners’ name; however, once we have received the change of ownership notification, we will reissue the bill in the new owner’s name.
If we have not received change of ownership notification, unfortunately we have to wait until we receive formal notification from DNRM. You may choose to follow up with your solicitor or conveyancer to check its progress.

Before settlement

Prior to the sale of a property, typically your solicitor or conveyancer will arrange a Special Water Meter Read in order to correctly allocate responsibility for water and sewerage charges to the buyer and seller at the time of ownership change. This is in accordance with the REIQ Contract of Sale

At settlement

If there are any outstanding or overpaid amounts on the water and sewerage account, your solicitor or conveyancer usually reflects this in the final property settlement figures.

After settlement

Once the property has settled, typically your solicitor or conveyancer notifies the Queensland Land Registry of the change of property title. The Department of Natural Resources and Mines (DNRM) – also known as the Titles Office - then sends an official notification of the change to us.
This may take several weeks or months from settlement date. If you have not received a bill in your name within three months of the property settlement, we recommend you contact your solicitor or conveyancer to check on its progress.