Victorian Consolidated Regulations Victorian Consolidated Regulations(1) An estate agent who holds a written engagement or appointment to sell premises in a retirement village must include the following statement in any advertisement in respect of the premises that is published or caused to be published—
"Buyer must also enter into separate contract with retirement village.".
Penalty: 20 penalty units.
(2) An estate agent to whom subregulation (1) applies must ensure that the statement is printed or typed—
(a) in plain text in point type no smaller than the smallest point type otherwise appearing in the advertisement; and
(b) in a form that is easily legible.
Penalty: 20 penalty units.
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