Publishing business names in property advertisements
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No requirement.
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Licensee must publish business name.
PSBA Act allows a variation in NSW to publish either:
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Business name.
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Partnership name.
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Trading Name.
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Mandatory – must specify name of business and registered office.
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Not in legislation.
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Mandatory.
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Mandatory.
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Act requires agent to advertise that agent is licensed and business address.
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Disclosure of Rebates (to seller)
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Any benefit or rebate must be fully disclosed on the Appointment to Act agreement (Form 22).
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Disclosure required under Sec 47 to all parties.
Must disclose rebates and discounts in the agency agreement.
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Any r rebate must be fully disclosed and passed on to principal.
See under “Agency Appointments”.
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No information provided.
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Mandatory.
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Discretionary.
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Agent is required to declare a beneficial interest in purchase or sale of land.
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Rebates or benefits must be disclosed.
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