Agents are now prohibited from soliciting rent bidding. From 17th December 2022, agents cannot solicit or invite an offer of rent that is higher than the advertised price for a residential rental...
Who needs a Stock & Station Licence?
Posted By UTP,
05/12/2022 08:00 AM
Do you need a Stock & Station licence? If you list, market, sell or manage property over 20 Hectares (49.4211 acres to be precise), you will need to hold a stock and station licence or cert...
Rental properties with a swimming pool
Posted By UTP,
28/11/2022 08:00 AM
Compliance issues you should be aware of when managing a rental property with a swimming pool. Before leasing a property with a swimming pool, the landlord must ensure that the requirements of ...
CPD Training
Posted By UTP,
24/11/2022 08:00 AM
Still need to do your CPD training? Do you always leave it until the last minute? Remember that you have to complete a minimum of 6 hours or more of training depending on your licence class....
Material Fact Disclosures
Posted By UTP,
21/11/2022 08:00 AM
Disclosure of material facts in residential tenancy agreements Under the updated Property and Stock Agents Regulation 2022, agents are now exempt from having to disclose material...
Maintaining staff records
Posted By UTP,
14/11/2022 08:00 AM
Do you have a system in place to maintain records of all employees? What records do you need to keep? The Property and Stock Agents Act 2002 (and the Supervision Guidelines) specify that a...
Property & Stock Agents Regulation 2022
Posted By UTP,
09/11/2022 08:00 AM
The Property and Stock Agents Regulation has been updated and is in force from 1 September 2022. The Property and Stock Agents Regulation 2022 replaces the Property and Stock Agents...
Family and Domestic Violence Leave
Posted By UTP,
07/11/2022 12:00 PM
Do you have a policy in place? All employees (including part-time and casual employees) are entitled to 5 days unpaid family and domestic violence leave each year. The entitlement to unpaid...
New 2022 Contract for Sale and Purchase of Land
Posted By UTP,
07/11/2022 11:08 AM
The Conveyancing (Sale of Land) Regulation has been updated to a 2022 version. Due to this update, the Law Society of New South Wales has released a 2022 edition of the Contract for Sale and Purchase...
What is an Embedded Network?
Posted By UTP,
04/11/2022 14:00 PM
Since the introduction of the property industry reforms in 2020, residential tenancy agreements have included the requirement to inform tenants if the property is part of an embedded network. So what...
