Reminder - Trust account audit period has commenced: Real estate bulletin issue 169 (January 2018)

15 January 2018

Trust account audit period has commenced

All agents who hold a current triennial certificate and have held or received monies in trust during the 2017 calendar year, or part thereof, are required to have their trust accounts audited for the period by an auditor approved by the Commissioner for Consumer Protection (the Commissioner).

Kick start 2018 by getting your CPD points early: Settlement agents bulletin issue 77 (January 2018)

8 January 2018

Kick start 2018 by getting your CPD points early!

Compulsory Professional Development (CPD) is a legal requirement for all licensed settlement agents. Failure to complete your CPD requirements could result in your triennial certificate not being renewed.

Consumer Protection’s website provides detailed information about the CPD program for licensed settlement agents, including details of the approved subjects for 2018.

Kickstart 2018 by getting your CPD points done early: Real estate bulletin issue 167 (January 2018)

8 January 2018

Kick start 2018 by getting your CPD points done early!

Compulsory Professional Development (CPD) is a legal requirement for all licensed real estate agents and business brokers, as well as all registered real estate sales representatives and property managers. Failure to complete your CPD requirements could result in your triennial certificate or registration not being renewed.

A guide to the Australian Consumer Law for fundraising and other activities of charities, not-for-profits and fundraisers

The Australian Consumer Law (ACL) is the national law for fair trading and consumer protection, which applies across Australia. The ACL came into force on 1 January 2011. The ACL provides a range of specific obligations in relation to unfair practices, consumer transactions and safety of products and product related services. 

This guide was developed following interest from the charities, not-for-profit and fundraising sectors for information to help them better understand their obligations under the ACL, particularly in relation to fundraising.

Property manager fined after falling victim to a holiday accommodation scam (Vicki Redfern): Real estate bulletin issue 166 (December 2017)

21 December 2017

Property manager fined after falling victim to a holiday accommodation scam (Vicki Redfern)

A property manager has been reprimanded and fined $2,500 by the State Administrative Tribunal after falling victim to a holiday accommodation booking scam which resulted in a $45,000 loss for her employer, a Scarborough real estate agency.

Settlement agent fined over involvement in failed property deals: Settlement agents bulletin issue 76 (December 2017)

20 December 2017

Settlement agent fined over involvement in failed property deals (KDD Conveyancing Services Pty Ltd)

An Ellenbrook settlement agent has been fined $14,000 by the State Administrative Tribunal (SAT) for their role in relation to two failed Pilbara strata property deals involving what is termed ‘mezzanine financing’.

$21,200 penalty after Perth home sold without co-owner's consent: Real estate bulletin issue 165 (December 2017)

First Western Realty / Ligaya Varela

A Joondalup real estate agency and a sales representative will have to pay a total of $21,200 in penalties and costs ordered by the State Administrative Tribunal after a Balga house was sold without the consent of one of the owners.

The owners were a couple who had moved overseas and the agency was duped by the husband into believing that his wife and children were killed by the Taliban in Afghanistan.

Second conviction for property manager operating without a licence (Josephine Wei-Wei Liau/Emerald Property Management): Real estate bulletin issue 164 (November 2017)

28 November 2017

A Wandi property manager has been fined $5,000 by the Perth Magistrates Court for operating without a licence and a current triennial certificate.

Josephine Wei-Wei Liau was also ordered to pay costs of $1,784 after being convicted on 20 November 2017 for holding herself out as a real estate agent and demanding and receiving monies in respect of services as an agent while unlicensed. Ms Liau was managing a property in Willetton through her unregistered business Emerald Property Management after her registration expired in March 2013.

Pool safety and your rental property: Landlord bulletin issue 16 (November 2017)

24 November 2017

As summer approaches it’s time to check that the pool or spa at your rental property conforms to safety requirements.  The pool or spa must have appropriate safety barriers according to the  building laws enforced by local government and the residential tenancy laws.

The law requires that private swimming pools are secured by isolation fencing and have correct locking mechanisms on gates.