The PROPERTY DOCTORS, Sydney Australia Novak Properties

EP. 1696 NEW AML LAWS: WHAT EVERY PROPERTY BUYER & SELLER MUST KNOW

• Billy Drury, Michael Burgio • Season 55 • Episode 1696

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0:00 | 11:56

🚨 Big changes for property sellers from 1 July.

If you're selling property, you'll now need to complete an identity verification process before your property can be sold.

This isn't just about showing your driver's licence. The new requirements may include additional verification and compliance checks as part of updated anti-money laundering laws.

Your real estate agent will guide you through the process, update any required paperwork, and answer any questions along the way.

While it's another step in the selling process, being prepared early can help avoid delays when it's time to exchange contracts.

Have questions about how these changes affect your sale? Reach out to your agent—we're here to help.

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