With Forms Live relaunching directly in the Sunshine State, agents now have a genuine choice of contract platform for the first time in over a decade.
Queensland's real estate forms landscape is shifting. With Forms Live relaunching directly in the Sunshine State, agents now have a genuine choice of contract platform for the first time in over a decade.
At the heart of the new Forms Live offering is a fresh set of contracts and forms drafted by the Queensland real estate legal team at Dentons — the world's largest law firm.
Here are the 7 standout features of the new Forms Live contracts you need to know about.
One of the most practical improvements in the new contracts is the flexibility built into the finance conditions. Rather than locking buyers into naming a specific lender and exact loan amount upfront, the new Forms Live contracts allow the loan amount to be described as "sufficient to complete the contract" and the lender to be "at the Buyer's election."
Why does this matter? Because in 2026, buyers don't just walk into their local bank anymore. They shop around. They use brokers. They compare. The new contracts reflect this reality — giving buyers the flexibility to secure the best finance deal while still providing sellers with the certainty that finance conditions will be met by the agreed date.
For agents, this means fewer failed contracts due to rigid finance conditions and a smoother path to settlement.
Cash deposits aren't the only game in town anymore, and the new Forms Live contracts recognise this with dedicated provisions for deposit bonds and bank guarantees.
Rather than leaving these arrangements to awkward special conditions (which can create disputes when they're poorly drafted), the new contracts include clear mechanisms for how deposit bonds work, when sellers can call on them, and what happens if a buyer fails to convert to cash when required.
This is a small but significant modernisation that removes a common source of friction in transactions — particularly in a market where buyers may have their cash tied up in existing properties.
Here's something genuinely new: the Forms Live contracts include Related Property Contract provisions that allow parties to formally link the sale of one property to the purchase of another.
This is a situation that plays out in real estate offices every day — a family selling their home to buy a bigger one, a downsizer selling the house to move into an apartment, investors rotating their portfolio. Until now, these linked transactions have been handled through ad hoc special conditions, often with varying quality.
The new contracts provide a structured framework for simultaneous settlements, delay mechanisms, and specific termination triggers if the related transaction falls through. It's arguably the most innovative feature of the new contracts and one that fills a genuine gap that the Queensland market has lacked.
Queensland's smoke alarm legislation is strict, and the consequences of non-compliance are serious. The new Forms Live contracts take a more rigorous approach to smoke alarm compliance than the industry has been accustomed to.
Under the new contracts, buyers can request evidence of compliance within seven days of the contract date. The seller then has seven days to respond with either evidence of compliance, a commitment to undertake the necessary works, or confirmation that they won't comply. If the seller refuses to comply, the buyer can terminate the contract.
This creates a genuine incentive for sellers to get their smoke alarms sorted before listing — which is ultimately better for everyone, including the agent who doesn't want a deal falling over at the eleventh hour.
Electronic signatures and digital execution aren't new. But the way the new contracts handle them is notably thorough.
The Forms Live contracts include comprehensive e-signature provisions covering typed names, computer pen signatures, scanned wet signatures, and electronic symbols. Critically, each party explicitly agrees not to contest the validity of an electronic signature — closing off a potential dispute pathway that has caused headaches in other jurisdictions.
The electronic settlement provisions are equally detailed, covering PEXA workspace creation, transfer processing, system outage protections, and even mistaken payment recovery. Given that electronic settlement is now the norm rather than the exception in Queensland, having these provisions baked into the contract (rather than bolted on as special conditions) makes a lot of sense.
Foreign investment transactions are a reality of the Queensland market, particularly in the Gold Coast and Brisbane apartment sectors. The existing approach has been a relatively simple warranty — either the transaction isn't notifiable, or the buyer has received a no-objection notification.
The new Forms Live contracts go further. They distinguish between unconditional No Objection Notifications and Conditional No Objection Notifications (with ongoing compliance requirements), and they include an indemnity from the buyer to the seller for any breach.
For agents handling transactions involving foreign buyers, this provides meaningful additional protection — and one less thing that needs to be addressed via a special condition.
With Anti-Money Laundering (AML) Tranche 2 reforms reshaping compliance requirements for the real estate industry, the platform you use to manage your forms matters more than ever.
Forms Live is integrated with more AML providers than any other forms platform in Queensland — including AplyID, AML Assured, EasyAML, and AML Hub — meaning agents can choose the solution that fits their business without being locked into a single provider. AML verification works within the existing Forms Live workflow, so there's no need for additional logins, extra tabs, or parallel systems.
On the security front, Forms Live holds ISO/IEC 27001:2022 certification — the international gold standard for information security management. It's the same level of security demanded by banking and financial services.
Queensland agents now have a genuine choice when it comes to their forms platform. The new Forms Live contracts, drafted by Dentons, bring several modern innovations — particularly around finance flexibility, linked transactions, deposit bonds, and electronic execution — that reflect how real estate actually works in 2026.
Whether you're a principal evaluating your technology stack, a sales agent managing buyer expectations, or a property manager navigating compliance, it's worth understanding what's in these new contracts. The details matter — and in this case, the details are genuinely impressive.
To find out more about Forms Live in Queensland, visit formslive.com.au/queensland.
Disclaimer: This article provides general commentary on contractual documents and does not constitute legal advice. Agents and their clients should seek independent legal advice regarding specific transactions.
The Forms Live platform is the leading provider of forms and contracts for the real estate industry around Australia and is owned by Dynamic Methods. It is used by 8,500 real estate agencies and more than 50,000 agents and managers. More than 60 million of our forms have been used since launch in 2005 resulting in more than $100m in property sales per month and a further $80m in property leases per month.
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