Victorian Numbered Regulations

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ESTATE AGENTS (PROFESSIONAL CONDUCT) REGULATIONS 2008 (SR NO 46 OF 2008) - REG 17

Bids and offers at public auctions of land

r. 17

Despite regulation 16, an estate agent must not communicate to any person any bid or offer for a property that is made after the property has been knocked down to the successful bidder at a public auction for the sale of land, unless the vendor or successful bidder at the auction refuses to sign the contract of sale following the auction.

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