Highlights
Assessment Task 1: Short answer questions
Question 1
Describe the agency-principal relationship. What are the agent’s responsibilities in this relationship?
Question 2
Define the following roles.
(A) Real estate agent
(B) Agent’s representative
(C) Officer in effective control
Question 3
a) Which legislation describes the key licensing and eligibility requirements for agency staff in your state or territory?
b) List the eligibility requirements for estate agents license and agent representative’s license in your state or territory.
Agent representative’s license:
c) Identify and list the legislation relating to the following:
§ anti-discrimination and equal employment opportunity
§ consumer protection and trade practices
§ environmental issues
§ OHS
§ privacy
§ property management.
The Equal Opportunity Act 2010 – Victoria's anti discrimination law – protects people from discrimination and harassment in areas of public life.
d) List the legislative and industry requirements in your state or territory that regulate the ethical and standard of conduct real estate agents and real estate representatives.
The Estate Agents (Professional Conduct) Regulations 2018 set out the standard of conduct expected of agents and __________
e) Explain the intention of the following legislation:
§ Privacy Act 1988 (Cth)
§ Equal Opportunity Act 1995
§ Australian Consumer Law and Fair Trading Act 2012
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