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. WebProperty, Stock and Business Agents Act 2002 Page 2 Property, Stock and Business Agents (Qualifications) Amendment Order 2014 [NSW] Published LW 7 March 2014 g$(/GFaD >@ xF]A) 8PD`&uVGO>G/yQ6Nc_HLm"#9KVsd1DZ\Cx]J?XS QaLj>^U?nWm|. disqualification, Financial and investment advice by real estate Date of commencement, 23.3.2020, cl 2. )PMG business, Schedule 12 Terms specific to agency agreement for management registration, Part 3 General conduct of licensees and registered % WebThe regulation introduces a new clause, 46A, to the Property Stock and Business Agents Regulation 2014. 24 0 obj 75 0 obj This Regulation replaces the Property, Stock and Business Agents Regulation 2003 which is repealed on 1 September 2014 by section 10 (2) of the Subordinate Legislation Act 1989. person, Damages for misrepresentation or concealment, Licensees and certificate holders not to receive certain : Maximum penalty--200 penalty units. See sections 17 (1A) and 31. 7 0 obj endobj <> An agent must act in the client's best 0000110037 00000 n 71 0 obj Under section 22 of the Act it is a condition of a licensees licence that the licensee be insured as required by this clause. business, Duty of licensee and person in charge to properly subject to sole or exclusive agency, Division 2 Cooling-off period for residential or rural agency Web(5) A real estate agent must, before or when specifying an estimated selling price or revising an estimated selling price, provide the seller or prospective seller of the property with evidence of the reasonableness of the estimated selling price. PROPERTY AND STOCK AGENTS ACT 2002 0000079302 00000 n IMPORTANT: This is an exclusive agency agreement. disqualification, Eligibility for a licence or certificate of xref <> endobj Under section 52(b) of the Property, Stock and Business Agents Act 2002 (NSW), a real estate agent must not induce another person to enter into a contract or arrangement by failing to disclose a material fact of a kind prescribed by the regulations (whether intended or not) that the agent knows or ought reasonably to know.An offence :~Ynh%bQnlRXX+$IOiWHxnn%d9UTi PROPERTY AND STOCK AGENTS ACT 2002 - As at 13 January circumstances involving a natural disaster or recovery from a natural disaster. Both name and address must be established by proof of identity but need not be established by the same proof of identity. <> liability, Division 5 Information about trust accounts or <> endobj in business, Power of authorised officer to obtain information, endstream endobj 807 0 obj <>/Metadata 39 0 R/Outlines 63 0 R/PageLayout/OneColumn/Pages 804 0 R/StructTreeRoot 88 0 R/Type/Catalog>> endobj 808 0 obj <>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/StructParents 0/Type/Page>> endobj 809 0 obj <>stream Property and Stock Agents Act 2002 No 66 - NSW Property and Stock Agents Regulation
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