CPPREP4003 - Access and Interpret Legislation - Real Estate Assignment Help

Assignment Task

Part 1: Ethical practice in real estate

The real estate industry has strict guidelines, regulations and legislation that clearly set out the professional and ethical standards required of real estate personnel.

1. a. Ethical Requirements for agents working in NSW, are legislated by: (complete the sentence below)

b. Identify five behaviours that would be considered unethical in Real Estate Practice.

2. Using the legislation you identified in question 1, select the correct rule/rules for each of the statements/areas below. Provide an example situation and explain how it applies to ethical practice.

3. Explain why you must apply ethical conduct requirements in your personal decision making.

4. Explain three consequence an agent may face by not applying ethical requirements in their decision making.

5. Identify the federal agency and legislation that covers ethical conduct by agents. Analyse the legislation and select three sections that apply to the ethical conduct of agents.

6. Examine and interpret the sections of consumer law provided and explain the risks and impact of a breach or fraudulent activity would have on the following areas:

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