The transition table outlines changes between the Interim Code of Fair Practice for Retirement Villages in the Fair Trading (Retirement Villages Interim Code) Regulations (No. 2) 2014 which expires 31 March, 2015, and the Code of Fair Practice for Retirement Villages which commences on 1 April, 2015.
11 March 2015
A licensed real estate agent has been reprimanded and both he and his agency have been fined for employing an unregistered sales representative.
Safety agencies regularly produce material to help prevent serious injury or death in and around the home.
Recent focus of product safety was on the portable pools.
Portable pools can pose a safety risk, especially for children under the age of five. Even in a small portable pool with very little water, it only takes seconds for a child to drown.
Helpful information about what are the safety considerations when buying or using a portable pool?
In Australia, on average one child dies every year from drowning in a portable pool.
While you are probably familiar with real estate agents who represent a seller in a real estate transaction, you may not be so familiar with real estate agents who represent a buyer. Where a prospective buyer engages a real estate agent to help them find and buy a suitable property, these agents may be known as buyer’s agents.
5 February 2015
Key points to remember
Land valuers set their own fees however a written disclosure of all fees for service must be disclosed to the client prior to entering into any agreement. Land valuers must not receive a fee above the disclosed amount unless there is a significant change in the scope of the work.
As with any other purchase, consumers should do their homework and shop around for the best deal to suit their circumstances before engaging a land valuer.
