Queensland Consolidated Acts(1) This section applies if a lease, licence or sublease (the tenure) is subject to a joint tenancy.
(2) Subject to section 322, any of the joint tenants of the tenure (the severing party), may unilaterally sever the joint tenancy by registration of a transfer to the severing party.
(3) The transfer need only be executed by the severing party.
(4) The chief executive may register the transfer only if the severing party satisfies the chief executive that a copy of the transfer has been given to all of the other joint tenants.
(5) On registration of the transfer, the severing party becomes entitled as a tenant in common with the other persons who were joints tenants immediately before the transfer.
(6) If, before registration of the transfer, there were more than 2 joint tenants of the tenure, the joint tenancy of the other persons is not affected.