56Approved guide to be provided before agency agreement for residential property signed

56 Approved guide to be provided before agency agreement for residential property signed

56 Approved guide to be provided before agency agreement for residential property signed

(1) A real estate agent must not enter into an agency agreement with a person for the sale of residential property unless the agent has provided the person with a copy of the approved guide not more than 1 month before the agreement is signed by or on behalf of the person.

Maximum penalty—40 penalty units.

(2) In this section—

approved guide means a guide with respect to the sale of residential property approved by the Secretary from time to time for the purposes of this section.

(3) A contravention of this section does not affect the validity of the agency agreement.