Keeping you compliant with NSW Fair Trading - ORDER NOW!
On 23 March 2020 the Secretary of NSW Fair Trading issued new Guidelines that all licensee in charge of real estate businesses must follow from 23 March 2020. NSW Fair Trading have announced an extended grace period to allow licensees in charge to develop and implement the required guidelines before enforcement actions would be undertaken. This “grace period” expires on 1st April, 2021.
To help Licensee in charge to implement the mandatory requirements, Think Real Estate has developed a set of procedures, forms and checklists to help Licensees in charge to comply with the legislation. The Guide is comprehensive covering all the 10 Supervision requirements as well as the requirements of Privacy Act requirements and Competition and Consumer Act 2010.
Each Chapter sets out what is required and then gives suggestions on how you can do this with sample procedures and forms.
Note it is a requirement of the Act that the procedures put in place by the Licensee in charge reflect how the agency operates.
The documents we provide you are all in word format and can be edited to suit your business. All forms are electronically fillable. A fillable pdf version of the documents is also available if required.
Please complete your details below and our team will be in contact to arrange digital delivery.
A failure of a licensee to comply with any of the requirements of the Supervision guidelines in connection with a business constitutes a failure to properly supervise the business and carries a maximum penalty of 200 penalty units ($22,000) in the case of a corporation, or 100 penalty units ($11,000) in any other case.