Victorian Numbered Regulations

ESTATE AGENTS (CONTRACTS) REGULATIONS 2008 (SR NO 97 OF 2008) - REG 5

r. 5

The following standard forms of contracts are prescribed for the purposes of section 53A of the Estate Agents Act 1980 —

        (a)     in the case of a contract of sale of real estate, the form comprising Form 1 and Form 2 in the Schedule;

        (b)     in the case of a contract of sale of business, Form 3 in the Schedule.

Notes

1     Section 53A of the Estate Agents Act 1980 provides that other forms may also be used, namely—

        (a)     a standard form contract of sale approved by the Legal Services Board or a recognised professional association within the meaning of the Legal Profession Act 2004 ; or

        (b)     a contract prepared by an Australian legal practitioner within the meaning of the Legal Profession Act 2004 or a licensee within the meaning of the Conveyancers Act 2006 .

2         Forms may be to the like effect of those prescribed by this Statutory Rule: see section 53 of the Interpretation of Legislation Act 1984 .

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