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Consumer Property Law Review To Tackle Conduct

22 December 2015

The Andrews Labor Government is calling on Victorians to submit their ideas on how to improve the laws governing the conduct of real estate agents, conveyancers and owners’ corporation managers.

The Minister for Consumer Affairs, Gaming and Liquor Regulation Jane Garrett urged the community to provide their feedback through the first issues paper of the Consumer Property Law Review released today.

Issues raised for discussion in the paper include the licensing and conduct of estate agents and conveyancers, including addressing poor conduct and those who should be excluded from holding a licence.

Public submissions are also sought on topics including training and experience requirements for estate agents and conveyancers, trust accounting requirements, the role of property managers and the conduct of owners corporation managers.

The issues paper, Consumer Property Acts Review Issues Paper No. 1: Conduct and institutional arrangements: estate agents, conveyancers and owners corporation managers is the first of three to be released in the next few months.

This is the first public stage in a wide-ranging review of consumer property laws, including the Sale of Land Act 1962, Estate Agents Act 1980, Conveyancers Act 2006 and Owners Corporations Act 2006.

The subsequent papers will cover issues relating to the management of owners corporations and the sale of land in Victoria.

Submissions will be used to develop an options paper on potential legislative changes which is expected to be released in mid-2016. Submissions on the options paper will help the government to decide on the final suite of reforms.

Submissions are open until 11 March 2016. For more information and to make a submission, visit Link

Quotes attributable to Minister for Consumer Affairs, Gaming and Liquor Regulation Jane Garrett

“This review will give all Victorians a say in how consumer property laws can be improved to meet the needs of the modern market.”

“It examines a number of key issues including the conduct of licensed practitioners involved in the sale of land, real estate transactions and the management of owners corporations.”

“This is a great opportunity for property practitioners, in particular estate agents, conveyancers and owners corporation managers, to take part in the updating of laws that impact their industry.”

Reviewed 10 February 2021

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