Victorian Numbered Regulations

ESTATE AGENTS (PROFESSIONAL CONDUCT) REGULATIONS 2008 (SR NO 46 OF 2008) - REG 9

r. 9

    (1)     An estate agent or an agent's representative must not—

        (a)     accept commission from the seller of real estate or a business when engaged to purchase that real estate or business on behalf of a purchaser; or

        (b)     accept commission from the purchaser of real estate or a business when engaged to sell that real estate or business on behalf of the seller; or

        (c)     accept commission from a landlord when engaged by a person to obtain a tenancy of the landlord's real estate or business on behalf of that person; or

        (d)     accept commission from a person who wishes to obtain a tenancy agreement when engaged to obtain a tenancy for the real estate or a business on behalf of the landlord of the real estate or business.

    (2)     An estate agent must not induce or attempt to induce a person to enter into a contract or agreement with the agent that could make the person liable to pay commission to more than one estate agent in relation to the sale or lease of any real estate or business, without giving clear written advice to the person of the potential liability to pay more than one commission.

    (3)     An agent's representative must not induce or attempt to induce a person to enter into a contract or agreement with the licensed estate agent for whom the agent's representative is performing the functions of an estate agent, that could make the person liable to pay commission to more than one estate agent in relation to the sale or lease of any real estate or business, without giving clear written advice to the person of the potential liability to pay more than one commission.

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