02/06/2026
๐๐ฎ๐ป ๐๐ผ๐ ๐๐ฒ๐น๐น ๐๐ผ๐๐ฟ ๐ผ๐ณ๐ณ-๐๐ต๐ฒ-๐ฝ๐น๐ฎ๐ป ๐ฝ๐ฟ๐ผ๐ฝ๐ฒ๐ฟ๐๐ ๐ฏ๐ฒ๐ณ๐ผ๐ฟ๐ฒ ๐๐ฒ๐๐๐น๐ฒ๐บ๐ฒ๐ป๐?
In some cases, yes โ but it needs to be handled carefully.
In Queensland, an off-the-plan purchaser may sometimes be able to on-sell their interest in an unfinished project to another buyer using a Transfer by Direction.
In simple terms, this means the original buyer directs the Developer to transfer the completed property directly to the new buyer at settlement, rather than the property first transferring to the original buyer and then again to the new buyer.
This can be a useful structure, but it is rarely automatic.
Most off-the-plan contracts require the Developerโs prior written approval before a buyer can nominate, assign, transfer, direct or on-sell their interest. The Developer may impose conditions, such as payment of legal costs, proof that the new buyer can settle, or the signing of additional documents.
There may also be important issues involving transfer duty, GST, finance, deposits, disclosure obligations, sunset dates and whether the original buyer remains liable if the new buyer does not complete.
Before you agree to on-sell an off-the-plan property, it is essential to check your contract and obtain legal advice.
A Transfer by Direction can be helpful โ but only if it is properly structured.
Thinking about on-selling an off-the-plan property? Speak with a Queensland property lawyer before you commit.
๐๐ฆ๐ฏ๐ฆ๐ณ๐ข๐ญ ๐ช๐ฏ๐ง๐ฐ๐ณ๐ฎ๐ข๐ต๐ช๐ฐ๐ฏ ๐ฐ๐ฏ๐ญ๐บ. ๐๐ฉ๐ช๐ด ๐ช๐ด ๐ฏ๐ฐ๐ต ๐ญ๐ฆ๐จ๐ข๐ญ ๐ข๐ฅ๐ท๐ช๐ค๐ฆ.