Northern Territory Consolidated Acts Northern Territory Consolidated Acts34. Security deposit may be transferred to new agent
If a person licensed as a real estate agent under the Agents Licensing Act (in this section referred to as the former agent ) transfers his or her real estate business, the security deposit held on behalf of a tenant by the former agent and transferred with the business is assigned to the person to whom the business is transferred as if he or she were the former agent.
Part 6. Rent