Queensland Numbered Acts

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PROPERTY OCCUPATIONS ACT 2014 No. 22 - SECT 20

20 Meaning of open listing

An open listing is a written agreement entered into between a person (seller) and a property agent (selling agent) under which the seller appoints the selling agent, in accordance with the terms of the agreement, to sell stated property and under the agreement—

(a) the seller retains a right—
(i) to sell the seller's property during the term of the agreement; or
(ii) to appoint additional property agents as selling agents to sell the property on terms similar to those under the agreement; and
(b) the appointed selling agent is entitled to remuneration only if he or she is the effective cause of sale; and
(c) the appointment of the selling agent can be ended, at any time, by either—
(i) the seller giving the selling agent written notice of the ending of the appointment; or
(ii) the selling agent giving the seller written notice of the ending of the appointment.


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