Queensland Consolidated Regulations

LEGAL PROFESSION REGULATION 2017 - REG 25

25 Prohibition on law practice and its associates acting as real estate agents for related transactions

(1) A law practice must not provide legal services to a person relating to a transaction if the law practice has provided services, as a POA licensee or interstate real estate agent, to the person for the transaction.

Example—

If a local legal practitioner holds a POA licence and is the real estate agent for the sale of a house, neither the practitioner nor a law practice of which the practitioner is an associate may provide legal services to the seller or purchaser of the house or to an entity that provides financing.

Note—

For the relationship between the solicitors rules or the barristers rules and a provision of this regulation, see section 229 of the Act .

(2) In this section—

"interstate real estate agent" means a person who, under a corresponding law within the meaning of the Property Occupations Act 2014 , may lawfully perform functions under that corresponding law that a POA licensee may perform under the Property Occupations Act 2014 .

"law practice" includes an associate of the law practice.

"POA licensee" see section 24 (7) of the Act .