New South Wales Consolidated Acts

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PROPERTY AND STOCK AGENTS ACT 2002 - SECT 56

Approved guide to be provided before agency agreement for residential property signed

56 Approved guide to be provided before agency agreement for residential property signed

(1) A real estate agent must not enter into an agency agreement with a person for the sale of residential property unless the agent has provided the person with a copy of the approved guide not more than 1 month before the agreement is signed by or on behalf of the person.
: Maximum penalty--40 penalty units.
(2) In this section--

"approved guide" means a guide with respect to the sale of residential property approved by the Secretary from time to time for the purposes of this section.
(3) A contravention of this section does not affect the validity of the agency agreement.



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