Estate Management: Task 4

Estate Management: Task 4
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Contents
Case Study-1....................................................................................................................................3
Case Study-2....................................................................................................................................4
Case Study-3....................................................................................................................................5
Case Study-4....................................................................................................................................6
REFERNECES................................................................................................................................9
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Case Study-1
Identify the breaches under the relevant act for state or territory.
As an estate agent, it has responsibilities to understand the legal obligation under the
Estate Agents Act 1980, sales of land act 1962 and other residential tenancies act 1997. It is
important for understanding the responsibilities by applying suitable rule and regulation for
enterprises (Semchenkova, Lukasheva and Chulkova, 2019). Furthermore, it may consider the
penalised for breaches of estate agent act.
 It must not permit or assist the person who have not licensed to carry on the enterprise of
estate agent. At that time, it has occurred 500 penalty units, licence cancelled and
permanent or temporary disqualification.
 In the business, it must not have published or authorised the publication of other
Advertisement. Therefore, it has been misleading false information. At that time, it
applicable 25 penalty units (Semchenkova, Lukasheva and Chulkova, 2019).
 It must engage a qualified auditors to identify the trust with real estate business but it has
developed the breach which applied 25 penalties units.
How would you give advice to Chris and Bethany?
When Chris has decided to provide the training to their agent representative Bethany. In
this way, it has required for conducting an effective improvement session while spending a time
to improve own skill and knowledge (Semchenkova, Lukasheva and Chulkova, 2019). The
overall business is depending on agent because they always performed the significant task in
property management. Furthermore, giving an advice to Bethany which has conducted the better
inspection while creating an effective documentation reports.
Discuss that breach of act impact on Bethany’s eligibility to be agent representative.
According to the Property and Stock Agents Act 2002, It has impacts on the Bethany’s
eligibility as an representative agent. By using act, it can easily recognized the qualification of
person whereas how they become suitable as agent within real estate enterprise (Nguyen, 2020).
In this way, it is important for considering all eligible criteria on the basis of education
qualification, experience, skill and knowledge. These are directly impact on the Bethany’ s
performance within organization.
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