Victorian Consolidated Legislation

Conveyancers Act 2006 - SECT 47

Costs disclosure

47. Costs disclosure



(1) A licensee must, in accordance with this section, disclose to a client the
costs of the conveyancing work that the licensee is to carry out for the
client.

Penalty: 120 penalty units.

(2) A licensee must give the disclosure referred to in subsection (1)-

   (a)  before or at the time the licensee is retained by the client; or

   (b)  if it is not reasonably practicable to make the disclosure at that
        time, as soon as practicable after being retained by the client.







(3) A disclosure under subsection (1) must contain the following information-

   (a)  if the amount of the costs is known, that amount;

   (b)  if the amount of the costs is not known, the basis for their
        calculation;

   (c)  the manner in which the client will be invoiced;

   (d)  the following avenues that are open to the client in the event of a
        dispute in relation to costs-

   (i)  making a complaint to the Director under Part 8 of the
        Fair Trading Act 1999;

   (ii) making an application to VCAT under Part 9 of the
        Fair Trading Act 1999;

   (e)  any other prescribed information.

(4) A client of a licensee is not required to pay the licensee's costs if-

   (a)  the licensee does not make a disclosure to the client in accordance
        with this section; and

   (b)  section 48 does not apply.