QLDIn ForceAct
Property Occupations Act 2014
sec.105Other requirements—commission
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### sec.105 Other requirements—commission
This section applies to an appointment of a property agent or resident letting agent for a service that is the sale or letting of property or the collecting of rents if commission is payable for the service and is expressed as a percentage of an estimated sale price or amount of rent to be paid or collected.
The appointment must state, in writing, that the commission for the service is worked out only on—
for the sale of property—the actual sale price; or
for the letting of property—the actual rental for the property; or
for the collecting of rents—the actual amount of rent collected.
(sec.105-ssec.1) This section applies to an appointment of a property agent or resident letting agent for a service that is the sale or letting of property or the collecting of rents if commission is payable for the service and is expressed as a percentage of an estimated sale price or amount of rent to be paid or collected.
(sec.105-ssec.2) The appointment must state, in writing, that the commission for the service is worked out only on— for the sale of property—the actual sale price; or for the letting of property—the actual rental for the property; or for the collecting of rents—the actual amount of rent collected.
- (a) for the sale of property—the actual sale price; or
- (b) for the letting of property—the actual rental for the property; or
- (c) for the collecting of rents—the actual amount of rent collected.