Australian Capital Territory Consolidated Acts

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AGENTS ACT 2003 - SECT 8

Carrying on business as real estate agent

    (1)     A person carries on business as a real estate agent if the person provides, or offers to provide, a real estate agent service for a principal for reward.

    (2)     Each of the following is a real estate agent service :

        (a)     buying, selling, exchanging, leasing, assigning or otherwise disposing of land;

        (b)     negotiating with, or inducing or attempting to induce, a person to—

              (i)     buy, sell, exchange, lease, assign or otherwise dispose of land; or

              (ii)     enter into, or make or accept an offer to enter into, a contract to buy, sell, exchange, lease, assign or otherwise dispose of land;

        (c)     collecting payments under a lease;

        (d)     collecting payments under a mortgage of land or payments under a terms contract for land;

        (e)     acting as manager of an owners corporation for a units plan;

        (f)     any other service prescribed by regulation for this section.

    (3)     To remove any doubt, a person does not carry on business as a real estate agent only because the person carries on business as a stock and station agent.



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