CPPREP4001/CPPREP4002 - Access & Interpret Ethical Practice In Real State With Professional Practice - Management Assignment Help

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Assignment Task
 

Part 1 Short Answer Questions
For this section, you will need to provide answers that directly address the question, you may answer in point form. Ensure that you answer all parts of the question.

Question 1
1.Explain how an agent would find help to read and interpret legislation. 
2.What common mistakes are made when reading parts of legislation?
3.What consequences could there be for misinterpreting legislation?

Question 2
Research state legislation that is applicable to real estate for property sales, property management, licensing and agents conduct. Complete the table.

Question 3
Explain the role that the regulator has in administering the legislation. Include how they enforce compliance and any penalties that may apply for breaches.

Question 4
1.In real estate the principal/ agency relationship is unique to real estate. Explain the term “principal” and the basis of the relationship that the agent/agency has with the principal.
2.Explain the relationship between the agency with the following:
•Vendors/sellers
•Purchasers/buyers
•Landlords/ lessee
•Tenant/ lessor


Question 5
1.Explain the basic principles for reading legislation.
2.Explain the difference between a Rule of Conduct contained in legislation and a Code of Practice.

Question 6
1.Explain your responsibility for understanding and adhering to legislation.
2.Explain techniques used to access current versions of the legislation and the importance of keeping up to date with legislation and ensuring the legislation you are accessing is current/point in time legislation?
3.What techniques would you use to track changes and amendments to legislation?

Question 7
1.Explain the categories of primary sources of law and how the laws are made.
2.Give a definition of:
•Common law
•Contract law
•Statute law
•Equity law

Question 8
1.Research and give an overview of government and industry bodies that provide advice to agents on legislation and legislative changes.
2.How could these bodies assist if you had concerns about the practices of the agency or an agent?
3.Explain the process used to examine and record an investigation of any discrepancies between application of personal and agency practices and legislation.

 

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