Guidance note code of conduct for lessors and property managers - rent in advance

Rent in advance

Property managers have legal obligations when a tenant or prospective tenant offers to pay more than two weeks’ rent in advance.

A lessor may only ask a tenant for up to two weeks’ rent in advance; a security bond equivalent to four weeks’ rent; and if applicable, a pet bond of no more than $260.

Kickstart 2024 by getting your CPD points early - Real estate industry bulletin 276

2 April 2024

Kickstart 2024 by getting your CPD points early

Compliance with Continuing Professional  Development (CPD) training is still required for the real estate industry. 

Failure to fulfill CPD requirements may hinder the renewal of your licence.

Completing the CPD training early in the year is crucial to stay current, adapt to changes, maintain professional standards and gain a competitive edge in the market.

Kickstart 2024 by getting your CPD points early - Settlement industry bulletin 114

2 April 2024

Kickstart 2024 by getting your CPD points early

Compliance with Continuing Professional  Development (CPD) training is still required for the settlement industry in 2024.

Completing the CPD training early in the year is crucial to stay current, adapt to changes, maintain professional standards, and gain a competitive edge in the market.

Six CPD points are required for Continuing Professional  Development in 2024.

Fines for failing to lodge tenancy bonds - Real estate industry bulletin 275

26 February 2024

Fines for failing to lodge tenancy bonds

Two recent cases at the State Administrative Tribunal (SAT) serve as a timely reminder regarding the importance of lodging tenancy bonds within the required time frame.

A Welshpool real estate agency and its director have been fined and reprimanded over failing to lodge $32,380 in tenancy bonds with the Bond Administrator within the 14 day timeframe.