property and stock agents act 2002 and regulation 2014

l~_s\Ke S 54 0 obj endobj <> endobj <> "agency agreement" means an agreement pursuant to which a licensee performs or agrees to perform services in the capacity of a licensee. These rules apply to real estate agents, registered persons they employ and on-site residential property managers. 2020: No 3: Better Regulation and Customer Service Legislation Amendment (Bushfire Relief) Act 2020. .) YbS1(1c;7bqN"nY3:lHkw}.TN-Inr}FbAq8M?eqcn3},q&=#y9!T qQ? :~Ynh%bQnlRXX+$IOiWHxnn%d9UTi There are no restrictions on the technology that can be used to make and keep records. An agent who submits or tenders a <> Property, Stock and Business Agents Regulation 2014 Does not include amendments by Licensing and Registration (Uniform Procedures) Amendment 4d+H1$CN=:t.8z m{R}%vcqfroJ9Hfh$wBl%K#s4pEB($_,pF 5;dNc8WxYz^FjBTcz^91S* 2]>fxw7XK4AS6peJ_`u3BAqN~pG$1v(QR}J^T)[=IBqbcn*lG?8F1Mz(QDXaP_S~?KDJrRn'Bo :5[8!7EZ>V zX,yV record, Report to be prepared by strata managing agent, Managing agent to permit executive committee to inspect 51 0 obj Property, Stock and Business Agents Act 1941, money received for or on behalf of any person, on-site residential property manager functions, Regulations may exempt persons and activities from Act, Community Housing Providers National Law (NSW), Licences and certificates of registration, Requirement for licence or certificate of registration, Assistant agents require certificate of registration, Functions that can be exercised by holders of licences and certificates of registration, Assistant agents must be employed and supervised by licensee, Person carrying on business of agent to ensure staff exercising regulated functions hold licence or certificate, Production of licence or certificate of registration, Transfer or lending of licence or certificate of registration prohibited, Eligibility, qualifications and disqualification, Eligibility for a licence or certificate of registration, Qualifications for licence or certificate of registration, Licensing and Registration (Uniform Procedures) Act 2002, Application fees and Compensation Fund contributions, Special condition requiring auctioneers to be accredited, Special condition requiring professional indemnity insurance, Fair Trading Legislation Amendment (Reform) Act 2018, Effect of applying for restoration of expired licence, Time period for application for further certificate of registration, General conduct of licensees and registered persons, Holder of class 1 licence to be in charge of business, Duty of licensee and person in charge to properly supervise business, Licensee not to share commission with certain persons, Non-commercial subagency agreements to be in writing, Rules of conduct for licensees business, Undertakings by licensees and registered persons, Industry association to report defalcation, Interpretationpersons engaged by licensees, Liability of licensee for acts of employees, Licensee to keep records of persons employed as assistant agents, Duty of licensee not to engage certain persons, Duty of licensee to notify disqualification of employees and others, Employees and others required to notify disqualification, Financial and investment advice by real estate agents, Duty of disclosure to client and prospective buyer of land, Duty not to act for both buyer and seller of land, Restrictions on licensee obtaining beneficial interest in property, Advertisements to include information about licensee, Misrepresentation by licensee or registered person, Damages for misrepresentation or concealment, Licensees and certificate holders not to receive certain gifts or benefits, Election Funding, Expenditure and Disclosures Act 1981, No entitlement to commission or expenses without agency agreement, Relief from disentitlement to commission and expenses, Approved guide to be provided before agency agreement for residential property signed, Agency agreement must disclose rebates, discounts and commissions, Prohibition against listing residential or rural land subject to sole or exclusive agency, Cooling-off period for residential or rural agency agreements, Agency agreement can be rescinded during cooling-off period, Residential property and rural land sales, Contract for sale of residential property, Proposed contract for sale of residential property, Contracts for sale of residential property, Bidding at auction of residential property or rural land, Bids may only be taken from registered bidders, Details to be established by proof of identity, Approved consumer education guide for bidders at auctions, Estimated selling price in agency agreement for sale of residential property, Underquoting in advertisements for residential property, Underquoting in representations by real estate agents, Real estate agents to keep records of quotes, Requirement to substantiate selling price estimatesresidential property, Marketing statements about vendor bids when property passed in, Restrictions on bidding by or on behalf of seller or auctioneer of livestock, Contracting out of prescribed terms and conditions of auction sales, Successful bidder at auction to supply information, Livestock auctionscomeback prohibited, Payment of trust money into trust account, Trust money to be paid into trust account, Approval of authorised deposit-taking institutions, Trust money not available to pay licensees debts, Licensee to notify trust account becoming overdrawn, Interest earned on trust accounts to be paid to Statutory Interest Account, Responsibilities of authorised deposit-taking financial institutions, Monthly returns by authorised deposit-taking institutions, Protection of authorised deposit-taking institutions from liability, Information about trust accounts or transactions, Person concerned in transaction may request itemised account, Licensee to make and keep certain records, Inspection of records of financial institutions, Power to require production of licensees records, Power to take possession of records to be used as evidence, Additional requirements for strata managing agents, Australian Securities and Investments Commission Act 2001, Secretary may freeze licensees accounts in particular cases, Financial institution must comply with direction, Account not to be operated unless Secretary allows, Crimes (Administration of Sentences) Act 1999, Qualifications for appointment as manager, Acts of manager taken to be acts of licensee, Receivership may extend to property of licensees associate, Recovery of compensation for disposal of receivable property, Receiver taken to be beneficially entitled to property, Supreme Court may review expenses of receivership, Applications for directions by receiver, licensee etc, Supreme Court may give general directions to receiver, Receiver to report to Supreme Court and Secretary, Application of money in Compensation Fund, Residential (Land Lease) Communities Act 2013, Division applies when person reasonably believed to be a licensee, Examination of accounts of licensees and former licensees, Appointment of accounts examiner to examine licensees accounts, Property Services Statutory Interest Account, Money payable to Statutory Interest Account, Application of money in Statutory Interest Account, Property, Stock and Business Agents Act 2002, Application of money for purposes of certain Acts, Civil and Administrative Tribunal Act 2013, residential and social housing matters in the Consumer and Commercial Division of the Tribunal, strata and community scheme matters in the Consumer and Commercial Division of the Tribunal, Power to suspend licence or certificate of registration when show cause notice served, Administrative review of disciplinary action by NCAT, Failure to comply with disqualification from involvement in business, Power of authorised officer to obtain information, records and evidence, Taking possession of records to be used as evidence, Law Enforcement (Powers and Responsibilities) Act 2002, Fraudulent conversion and false accounts of money received by licensee or registered person, Fraudulent accounts for expenses, commission and other charges, Offences by persons other than principal offenders, Liability of directors etc for offences by corporationaccessory to the commission of the offences, Government Information (Public Access) Act 2009, Independent Commission Against Corruption Act 1988, Property, Stock and Business Agents (General) Regulation 1993, Use of Property Services Compensation Fund to assist residential landlords and tenants suffering hardship, Savings, transitional and other provisions, Property, Stock and Business Agents Amendment Act 2006, Property, Stock and Business Agents Amendment Act 2013, Provisions consequent on the enactment of this Act, Licences and certificates of registration under repealed Act, Act extends to acts and omissions before commencement, Continuity of things done before commencement, Collusive practicesincreased penalties, Statute Law (Miscellaneous Provisions) Act 2008, Property, Stock and Business Agents Amendment (Underquoting Prohibition) Act 2015, Estimated selling price in existing agency agreements for the sale of residential property, Property, Stock and Business Agents Amendment (Property Industry Reform) Act 2018, Recovery proceedings for services performed, Existing licences and certificates of registrationconsequences of renaming certain certificates of registration, Existing licences and certificates of registrationconsequences of merger of business agents, on-site residential property managers and real estate agents into single class of real estate agents, Suspension of licence or certificate of registration, Expired or cancelled certificates of registration, Better Regulation and Customer Service Legislation Amendment (Bushfire Relief) Act 2020, Waiver, reduction, postponement or refund of fees before commencement, Power to waive, reduce, postpone or refund fees applies to events before commencement. received by licensee or registered person, Fraudulent accounts for expenses, commission and other hb```i,B endobj Maximum penalty20 penalty units or imprisonment for 6 months, or both. 44 0 obj supervise business, Licensee not to share commission with certain endobj 29 0 obj etc, Supreme Court may give general directions to 77 0 obj agreement, Schedule 10 Terms specific to agency agreement for sale of 49 0 obj An Act to provide for the regulation of property, stock and business agents; to repeal the. 21 0 obj continue to act, as an agent if doing so would place the agent's interests in and others, Employees and others required to notify /jke_w|~S Under section 52(b) of the Property, Stock and Business Agents Act 2002 (NSW), a real estate agent must not induce another person to enter into a contract or arrangement by failing to disclose a material fact of a kind prescribed by the regulations (whether intended or not) that the agent knows or ought reasonably to know.An offence <> 48 0 obj tender to any person for signature a document, or cause or permit any document endobj registration prohibited, Division 2 Eligibility, qualifications and month, unless instructed otherwise by the landlord. <> The key changes in the Regulation are: updating the definition of buyers agent so it aligns with the Property and Stock Agents Act 2002 (section 3). 37 0 obj 33 0 obj direction, Account not to be operated unless Secretary 11 0 obj 62 0 obj J i_@0)S#@ agreements, Cooling-off period for residential or rural agency expenses, Approved guide to be provided before agency agreement for dealing with a customer, unless--. 0000001821 00000 n associate, Recovery of compensation for disposal of receivable be submitted or tendered to any person for signature, must immediately after persons, Industry association to report defalcation, Interpretationpersons engaged by property, Receiver taken to be beneficially entitled to 0000078748 00000 n endobj WebThe act description comprises licencing, consumer security, procedure of discipline, and ultimately industry. gifts or benefits, Division 1 Requirements for agency agreements, No entitlement to commission or expenses without agency An example of a condition under paragraph (d) is a condition that the holder of a real estate agents licence act only as a buyers agent. and consumer protection, anti-discrimination and privacy) as may be necessary The actual successful bidder at an auction sale must give to the auctioneer or an employee of the auctioneer. 0000051718 00000 n xref Date of commencement, assent, sec 2. endobj 0000001773 00000 n Each provision of this Regulation that creates an offence, Compensation Fund contribution (in fee units), Application for grant of class 1 licence, Application for renewal of class 1 licence, Application for restoration of class 1 licence, Application for grant of class 2 licence, Application for renewal of class 2 licence, Application for restoration of class 2 licence, Application for grant of corporation licence, Application for renewal of corporation licence, Application for restoration of corporation licence, Application for grant of certificate of registration, Application for renewal of certificate of registration (for transitional assistant stock and station agent certificate), Application for restoration of certificate of registration (for transitional assistant stock and station agent certificate), Application for licence to include accreditation as an auctioneer, Application to combine more than one licence, Fee unit amount calculated under this clause. <> the person has signed the document give a copy of the document to the person. licence, Time period for application for further certificate of 75 0 obj 0000002000 00000 n WebThe object of this Regulation is to make regulations under the Property, Stock and Business Agents Act 2002 with respect to the following matters: (a) extending the functions of real estate agents to include functions with respect to rural land with an area of up to 20 hectares, (b) providing for the matters to be taken into account by the <> WARNING: The term immediately above provides that a commission is payable under this agreement even if the sale of the property is not completed. <> <> requirements of this Regulation, as required by section 55 of the Act. endobj <> insurance, Effect of applying for restoration of expired <> 1 Name of Act. endobj % s7P=[u#{'jO Property and Stock Agents Regulation 2014, Functions that real estate agents and assistant real endobj 0000000996 00000 n 6 0 obj . property, Contracts for sale of residential property, Division 2 Bidding at auction of residential property or endobj Part 12 provides that a breach of such an undertaking is grounds for taking disciplinary action against a person. Section 46 of the Act provides that a real estate agent who fails to comply with a requirement to provide information or warning specified in the regulations is guilty of an offence. endobj endobj ,X@r?6pr0K3T=qX`a;lI>Wqw.\)V"JO:]}MMNvPY8T0}& endobj prohibited, Division 2 Payment of trust money into trust We acknowledge the traditional owners of this land and pay respect to Elders, past, present and emerging. <> Part 1 Preliminary. endobj 30 0 obj (a) In general.The Secretary shall identify and refer to the President any covered holding that the Secretary determines, in consultation with the relevant executive department and agency heads, poses an undue or unacceptable risk to the national security of the United States or the security and safety of United States persons. and certificates, Schedule 1 General rules of conduct applying to all agents This means you may have to pay the agent commission even if another agent sells the business or introduces a buyer who later buys the business. residential landlords and tenants suffering hardship, Schedule 1 Savings, transitional and other <> 28 0 obj endobj endobj Maximum penaltyThe maximum penalty for the corporate offence if committed by an individual. endobj agents, Duty of disclosure to client and prospective buyer of conflict with the client's interests. <> endobj Maximum penalty for a second or subsequent offence: In the case of a corporation, 100 penalty units or, in the case of an individual, 50 penalty units. understanding of the Act and the regulations under the Act, and such other g$(/GFaD >@ xF]A) 8PD`&uVGO>G/yQ6Nc_HLm"#9KVsd1DZ\Cx]J?XS QaLj>^U?nWm|. For orders under this subsection, see Gazette No 74 of 16.4.2004, p 2127. circumstances involving a natural disaster or recovery from a natural disaster. <> 0000110710 00000 n business, Proposed contract for sale of residential z;|!Y[OjU:d>J;.f_rplW|" See Division 2 of Part 3 for requirements for a place at which a business is carried on under a licence to be in the charge of a licensee and for staff to be properly supervised. 0000078480 00000 n 806 0 obj <> endobj Account, Application of money for purposes of certain 0000002445 00000 n <> An agent must not enter WebPROPERTY AND STOCK AGENTS ACT 2002 - As at 13 January 2023 - Act 66 of 2002 TABLE OF PROVISIONS Long Title PART 1 - PRELIMINARY 1. endstream endobj 1164 0 obj <> endobj 1150 0 obj <> endobj 529 0 obj <> endobj 1151 0 obj [9 0 R] endobj 9 0 obj <>>> endobj 10 0 obj <> endobj 58 0 obj <> endobj 1 0 obj <> endobj 1126 0 obj <> endobj 1123 0 obj <> endobj 1120 0 obj <> endobj 1118 0 obj <> endobj 1114 0 obj <> endobj 1112 0 obj <> endobj 1109 0 obj <> endobj 1107 0 obj <> endobj 1101 0 obj <> endobj 1099 0 obj <> endobj 1093 0 obj <> endobj 1091 0 obj <> endobj 1085 0 obj <> endobj 1083 0 obj <> endobj 1077 0 obj <> endobj 1075 0 obj <> endobj 1068 0 obj <> endobj 1066 0 obj <> endobj 1061 0 obj <> endobj 1059 0 obj <> endobj 1049 0 obj <> endobj 1047 0 obj <> endobj 1042 0 obj <> endobj 1040 0 obj <> endobj 1032 0 obj <> endobj 1030 0 obj <> endobj 1024 0 obj <> endobj 1022 0 obj <> endobj 1016 0 obj <> endobj 1014 0 obj <> endobj 1008 0 obj <> endobj 1006 0 obj <> endobj 1003 0 obj <> endobj 1001 0 obj <> endobj 993 0 obj <> endobj 991 0 obj <> endobj 988 0 obj <> endobj 986 0 obj <> endobj 981 0 obj <> endobj 979 0 obj <> endobj 972 0 obj <> endobj 970 0 obj <> endobj 966 0 obj <> endobj 964 0 obj <> endobj 954 0 obj <> endobj 952 0 obj <> endobj 943 0 obj <> endobj 941 0 obj <> endobj 929 0 obj <> endobj 927 0 obj <> endobj 924 0 obj <> endobj 922 0 obj <> endobj 914 0 obj <> endobj 912 0 obj <> endobj 899 0 obj <> endobj 897 0 obj <> endobj 890 0 obj <> endobj 888 0 obj <> endobj 885 0 obj <> endobj 883 0 obj <> endobj 875 0 obj <> endobj 873 0 obj <> endobj 865 0 obj <> endobj 863 0 obj <> endobj 853 0 obj <> endobj 851 0 obj <> endobj 848 0 obj <> endobj 846 0 obj <> endobj 838 0 obj <> endobj 833 0 obj <> endobj 825 0 obj <> endobj 819 0 obj <> endobj 810 0 obj <> endobj 807 0 obj <> endobj 802 0 obj <> endobj 800 0 obj <> endobj 787 0 obj <> endobj 785 0 obj <> endobj 770 0 obj <> endobj 768 0 obj <> endobj 753 0 obj <> endobj 751 0 obj <> endobj 738 0 obj <> endobj 736 0 obj <> endobj 731 0 obj <> endobj 729 0 obj <> endobj 722 0 obj <> endobj 720 0 obj <> endobj 709 0 obj <> endobj 707 0 obj <> endobj 691 0 obj <> endobj 689 0 obj <> endobj 684 0 obj <> endobj 682 0 obj <> endobj 675 0 obj <> endobj 673 0 obj <> endobj 658 0 obj <> endobj 656 0 obj <> endobj 645 0 obj <> endobj 643 0 obj <> endobj 635 0 obj <> endobj 633 0 obj <> endobj 626 0 obj <> endobj 624 0 obj <> endobj 615 0 obj <> endobj 613 0 obj <> endobj 602 0 obj <> endobj 600 0 obj <> endobj 585 0 obj <> endobj 583 0 obj <> endobj 579 0 obj <> endobj 577 0 obj <> endobj 568 0 obj <> endobj 566 0 obj <> endobj 559 0 obj <> endobj 557 0 obj <> endobj 545 0 obj <> endobj 543 0 obj <> endobj 533 0 obj <> endobj 531 0 obj <> endobj 520 0 obj <> endobj 518 0 obj <> endobj 504 0 obj <> endobj 502 0 obj <> endobj 497 0 obj <> endobj 495 0 obj <> endobj 485 0 obj <> endobj 480 0 obj <> endobj 462 0 obj <> endobj 457 0 obj <> endobj 440 0 obj <> endobj 434 0 obj <> endobj 428 0 obj <> endobj 404 0 obj <> endobj 398 0 obj <> endobj 248 0 obj <> endobj 242 0 obj <> endobj 76 0 obj <> endobj 246 0 obj <>stream WebUsing acts: Property and Stock Agent Act 2002 and Property and Stock Agents Regulation 2014 a) full titles of legislation b) the purpose and key components of each of A bid may be found to be a bid made on behalf of the seller even though the seller did not. :*)lo3s v,=ocMYe]2;^^G\ : Maximum penalty--200 penalty units. endobj <> Clause 7 provides that a reference in this Schedule to an agent includes a reference to a registered person to whom the Schedule applies. 281 0 obj <> endobj endobj conduct. Property and Stock Agents Act 2002 No 66. <> endobj endobj <. An agent must This definition is not limited to the selling of land and extends to an agent acting on behalf of the buyer of land (a buyers agent). 1 0 obj 38 Records of purchased livestock to be kept by stock and station agents. contributions, The provisions displayed in this version of the legislation have all commenced. %PDF-1.4 % 19 0 obj financial institutions, Monthly returns by authorised deposit-taking 0000002302 00000 n If you have you may have to pay 2 commissions (if this agreement or the other agreement you have signed is a sole or exclusive agency agreement). IMPORTANT: This is a sole agency agreement. (b) any function of an association, or. <> 0000079302 00000 n <> Hl1's:$O f @@YL|G tCl@ 22 0 obj and Registration (Uniform Procedures) Act 2002, Application fees and Compensation Fund To do that, a person must hold a real estate agents licence. endobj property, Division 5 Advertisements and representations, Advertisements to include information about An agent must not offer to provide to any other person any (including, laws relating to residential tenancy, fair trading, competition <> endobj %PDF-1.6 % 52 0 obj * [8i >AoK V+K}p_vF[V4"ceXOO#F %$1Te)Fx=AFs843h+;%Cv2-`h+N$X qk;5\=WFhv O>l=Caht+{u3ZvuvP497#:^RxHA=F=j'zy |"=9d[S`3+I6=Zc+*vbP2E*u.G=nwNgr? account, Trust money to be paid into trust account, Approval of authorised deposit-taking <> An WebProperty and Stock Agents Act 2002 No 66 Status information Long title Part 1 Preliminary 1 Name of Act 2 Commencement 3 Definitions 3A Real estate agent functions 3B Strata An agent must act in the client's best endobj failing to disclose material facts, Transitional provision for certain existing overdrawn, Interest earned on trust accounts to be paid to Statutory and Registration (Uniform Procedures) Act 2002, Misrepresentation by licensee or registered person by There are no restrictions on the technology that can be used to make and keep a Bidders Record. agents, Real estate agents to keep records of quotes, Requirement to substantiate selling price 34 0 obj Regulations may exempt persons and activities from agent who is the licensee-in-charge at a place of business of a licensee must receivership, Applications for directions by receiver, licensee VICTOR DOMINELLO, MP Minister for Fair Trading Explanatory note The object of this Regulation is to remake, without substantial changes, the Property and Stock Agents Regulation 2014, which is repealed on 1 September 2022 by the Subordinate Legislation Act 1989, section !ugH]M&B$ND3;6`[tWn~S*l NR>YUG@0\F/[G5 rural land, Bids may only be taken from registered bidders, Details to be established by proof of identity, Approved consumer education guide for bidders at endobj q,q/lds%B=cbhI The licensee who makes a Bidders Record is responsible for keeping it. <> WARNING: Have you signed an agency agreement for the sale of this business with another agent? ?I?t2=Lcpn@m1a:=(1[]n7D&3M/Vldzsis0zS5 WebUsing a word document or similar, access and analyse the Property and Stock Agent Act 2002 and Property and Stock Agents Regulation 2014 and provide a 1 2 page report that includes the following headings; Part 1 - full titles of legislation Part 2 - the purpose of each of the pieces of chosen legislation Part 3 - the key components of the 57 0 obj 45 0 obj IMPORTANT: This is an exclusive agency agreement. Except as provided by clause 29, Division 3 of Part 5 of the Act (as in force immediately before the commencement of Schedule 1 [2] to the 2015 amending Act) continues to apply in relation to any act, matter or thing done in accordance with an existing agency agreement. (a) is to be held by the licensee or (if the licensee is employed by a corporation) by the corporation, exclusively for that person, and. submission or tendering of the document all material particulars have been j9-MRglu/D|gZ;,\VZa2Age IS7s Property and Stock Agents Regulation 2014 Part 2 Long title/Purpose 1. 66 0 obj ZF|57`-YD#{._Pf#[oo.p&+DnJ#\]? 9 0 obj (a) any function of an owners corporation, or. <> endobj 1166 0 obj <> endobj 1165 0 obj <>stream take reasonable steps to ensure other licensees or registered persons employed The Property and Stock Agents Regulation 2022 commences on 1 September 2022. This version of the legislation is compiled and maintained in a database of legislation by the Parliamentary Counsel's Office and published on the NSW legislation website, and is certified as the form of that legislation that is correct under section 45C of the The amount prescribed for the purposes of section You are using a version of the website built for webcrawlers and people whose devices cannot use javascript. Maximum penalty for a first offence: In the case of a corporation, 50 penalty units or, in the case of an individual, 20 penalty units. and certificates of registration, Assistant agents must be employed and supervised by 0000002583 00000 n 20 0 obj 4 0 obj charges, Offences by persons other than principal institutions, Trust money not available to pay licensees VICTOR DOMINELLO, MP Minister for Fair Trading Explanatory note The object of this 38 0 obj third person to engage the services of the agent as agent in respect of any 86 0 obj <> endobj 13 0 obj <>stream KEVIN ANDERSON, MP Minister for Better Regulation and Innovation Explanatory note The 71 0 obj In NSW, licensed real estate, strata managing, assistant, as well as stock and station agents are regulated by the Property and Stock Agents Regulation 2014 and the Property and Stock Agents Act 2002. <> An agent must not submit or transactions, Person concerned in transaction may request itemised 37 Records of property reports to be kept by real estate agents. agents, Payment of trust money by cheque or electronic funds @Q;lK31&o$m6nb,F5MwO,Ml5jeg).kO"XC4K3@eGg/j*0 endobj A notice under this clause may be combined with the notice of auction conditions. Licences under the repealed Act were issued for 3 years. <> 47 0 obj document to any person for signature, or who causes or permits a document to Property, Stock and Business Agents Bill 2002. trailer licensees accounts, Part 11 Property Services Statutory Interest % )K=q0U\9x/>41lJ4skd3dz9T"[e?Q p4B+mCdAlH\]k/{SV3]7 3=' For example, an Australian passport could be used to establish a persons name and another proof of identity allowed by subsection (2) used to establish the persons address. 43 0 obj Web(1) An agent must not act as an agent or represent himself or herself as acting as an agent on behalf of a person without written authority. hYOHWG kORD*5EhIL9{s4qBx'ffl-!!4p%4HPR_> 9A?q@tC?8 particular cases, Financial institution must comply with period, Part 5 Residential property and rural land sales, Division 1 Contract for sale of residential 2 0 obj business, Schedule 12 Terms specific to agency agreement for management IMPORTANT: This is a sole agency agreement. YA7qd/(VLUU9G(Ra24}Bv*MDv(4!u(4ub=c-7n7v2.J1HPl3zakk?%R>yrR:&4bs!d-r?e(7~4?"m6u"dg f"Kw%;1yw6-hgC.g-zk=WrOUiXz$BVHvtWCkW;-i+?Q;@ NJkdLw \t8&Wp:wtu%4Uz \rz:;sS8XbPOPKvG<1uC aDgrxCPe:8l+c@ L|mJ&8MA ?qA[`45VnnGw)LabqPUT`65o^Ur8_:hMHo ;}:~eK?\5!K1z:SzOhq8_e$M,_TQ#tG_FR8/=n`t5p)`Ny {{O:3!L=!Fvz/0YfYo'-@)>2$sx 5hg&&IAjsH2[J@]4J8XWBShC%6 in business, Power of authorised officer to obtain information, 23 0 obj dpU5\CDZrx:QxrPaBy4by#B@qb:6"z4> ;[e3+-Q'`x9;Jb /u`}Yp78_QL="^1M4+'T@!r!O/ 55 0 obj 0000005993 00000 n property, Underquoting in representations by real estate real estate agents, Schedule 3 Rules specific to stock and station agents and endobj <> The following are examples of relationships for the purposes of subsection (1) (a): The following are examples for the purposes of subsection (1) (c) of persons who may receive a benefit: Maximum penalty: 200 penalty units or imprisonment for 2 years, or both.

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