New South Wales Consolidated Acts

PROPERTY, STOCK AND BUSINESS AGENTS ACT 2002 - SECT 56

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 Director-General 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.