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PROPERTY OCCUPATIONS ACT 2014 - SECT 88
Commission may be claimed only for actual amounts
88 Commission may be claimed only for actual amounts
(1) This section applies to— (a) a property agent who performs, for the
payment of a commission, a service of selling or letting property or
collecting rents; or
(b) a resident letting agent who performs, for the
payment of a commission, a service of letting lots or collecting rents.
(2)
The property agent or resident letting agent must not claim commission worked
out on an amount more than the actual sale price of the property, the actual
rental for the property being let or the actual amount of rent collected.
Penalty— Maximum penalty—200 penalty units.
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