Victorian Consolidated Legislation

Estate Agents Act 1980 - SECT 54

Default time limit on sole agency agreements

54. Default time limit on sole agency agreements



(1) If an agreement stating that an estate agent is to act as the sole agent
for the sale of any real estate or business does not state when the sole
agency is to end, the sole agency ends-

   (a)  in the case of a sale by auction, 30 days after the date of the
        auction;

   (b)  in any other case, 60 days after the date the agreement is signed by,
        or on behalf of, the seller of the real estate or business.

(2) A sole agency provision in an agreement is void unless the agreement
contains a copy of subsection (1).