Comprehensive Analysis: Property Occupations Act 2014 Form 6 Document

This document provides a detailed analysis of the Property Occupations Act 2014 Form 6, focusing on the appointment and reappointment of property agents, resident letting agents, or property auctioneers. The form, effective from August 1, 2016, outlines client and licensee details, including names, addresses, and ABN/ACN information. It specifies the property or business details, the services to be performed (sale, letting, purchase, leasing, auction), and the term of the appointment. The document covers price details, instructions, and conditions, as well as termination clauses for various types of appointments (open listing, sole agency, exclusive agency). It also addresses commission structures, authorization for expenses, and signatures, including warnings about seeking legal advice. The form includes sections for reappointment and attachments, ensuring a comprehensive overview of the property agent agreement. The document is used by a client Lara Biggle to appoint XYZ agent for a property located in Paddington QLD.

Property occupations Form 6
Property Occupations Act 2014• Form 6 • V5 • 1 August 2016 Page 1 of 6
ABN: 13 846 673 994
Appointment and reappointment of a property agent,
resident letting agent or property auctioneer
Property Occupations Act 2014
This form is effective from 1 August 2016
Part 1—Client details
Client 1
Note: The client is the person
or entity appointing the
agent to provide the services.
This may be the owner (or
authorised representative
of the owner) of the land,
property or business that
is to be sold or may be a
prospective buyer seeking to
purchase land or a property.
Client name ...............................................................................................................................
....................................................................................................................................................
ABN ACN
Are you registered for GST? Yes No
Address ......................................................................................................................................
....................................................................................................................................................
Suburb .......................................................................... State Postcode
Phone ........................................ Fax ......................................... Mobile...................................
Email address .............................................................................................................................
Client 2
Note: Annexures detailing
additional clients may be
attached if required.
Client name ...............................................................................................................................
....................................................................................................................................................
ABN ACN
Are you registered for GST? Yes No
Address ......................................................................................................................................
....................................................................................................................................................
Suburb .......................................................................... State Postcode
Phone ........................................ Fax ......................................... Mobile...................................
Email address .............................................................................................................................
Part 2—Licensee details
Licensee type
More than one box may be
ticked if appropriate.
Note: Annexures detailing
conjuncting agents may be
attached if required.
Licensee name
Where a corporation licensee
is to be appointed, state
the corporation’s name and
licence number.
Where a sole trader is to
be appointed, state the
individual’s name and licence
number.
Real estate agent Resident letting agent Property auctioneer
Trading name ............................................................................................................................
Licensee name (corporation, if applicable) ................................................................................
....................................................................................................................................................
ABN ACN
Licence number Expiry / /
Address .....................................................................................................................................
Suburb ......................................................................... State Postcode
Phone ........................................ Fax ......................................... Mobile...................................
Email address .............................................................................................................................
0740FT_0616
LARA BIGGLE
✔
8 WANNABE ROAD
BONDI N S W 2 0 2 4
✔
xyz

Property Occupations Act 2014• Form 6 • V5 • 1 August 2016 Page 2 of 6
Part 3—Details of property or business that is to be sold, let, purchased, or manag
Please provide details of the
property, land, or business as
appropriate.
Note: Annexures detailing
multiple properties may be
attached if required.
Description ................................................................................................................................
....................................................................................................................................................
Address .....................................................................................................................................
Suburb ......................................................................... State Postcode
Lot ................................................................................ Plan ..................................................
Title reference ...........................................................................................................................
Part 4—Appointment of property agent
Section 1
Performance of service
Annexures detailing the
performance of service may
be attached if required.
The client appoints the agent to perform the following service/s:
Sale Purchase Letting / collection of rent / management
Leasing (Commercial agents)
Auction Auction date / / (must be completed)
Other (please specify) .........................................................................................................
Section 2
Term of appointment
Sole and exclusive
appointments: for sales
of one or two residential
properties, the term is
negotiable and agent can be
appointed or reappointed
up to a maximum of 90
days per term. There are no
limitations on the length of
an appointment for anything
other than a residential
property sale.
Single appointment for a particular service or services
Start / / End / /
Continuing appointment for a service or a number of services over a period
Start / /
Section 3
Price
State the price for which the
property, land or business is to
be sold or let.
Note: Bait advertising is an
offence under the Australian
Consumer Law.
Reserve List Letting
$..................................................................................................................................................
• For auctions: If a reserve price is unknown at the time of appointment, it can be advised in
writing at a later date.
• For residential property auctions and residential properties to be marketed without a price
the client agrees to marketing via an electronic listing provider, the client agrees for the ag
disclose to the electronic listing provider a price or price range of
$........................................................................................................ to establish a search crite
Section 4
Instructions/conditions
The client may list any
condition, limitation
or restriction on the
performance of the service.
Note: Annexures detailing
instructions/conditions may
be attached if required.
....................................................................................................................................................
....................................................................................................................................................
....................................................................................................................................................
....................................................................................................................................................
....................................................................................................................................................
....................................................................................................................................................
....................................................................................................................................................
....................................................................................................................................................
....................................................................................................................................................
2 HARDSHIP STREET
PADDINGTON Q L D
3 RP23456
65432
✔
✔
1 3 1 0 2 0 1 9
✔
580
No pets allowed

Property Occupations Act 2014• Form 6 • V5 • 1 August 2016 Page 3 of 6
Part 5—Termination of appointment
Residential sales of 1 or 2
properties only
Open listing: You may terminate in writing at any time.
Sole or exclusive: The client and agent can agree in writing to end the appointment early. F
appointments of 60 days or more, either party can end the appointment by giving 30 days wr
but the appointment must run for at least 60 days unless both parties agree to an earlier end
Open listing You may terminate an open listing for either commercial or residential property sales at any t
Other fixed term
appointments
(excluding residential
property sales)
The parties may agree to a fixed term appointment of their choice. This term may be ended e
by mutual agreement.
Continuing appointments
(for example: letting,
collection of rents etc)
You may terminate in writing with 30 days notice, or less if both parties agree.
Part 6—PROPERTY SALES: open listing, sole agency or exclusive agency
To the client
You may appoint an agent to sell a property or land on the basis of an open listing, or a sole agency, or exclusive agency.
The following information explains the circumstances under which you will, and won’t, have to pay a commission to the age
property is sold during their term of appointment.
OPEN LISTING
• You appoint the agent to sell the property but you retain a right to appoint other agents on similar terms, without penalt
commission.
• No end date required.
• Appointment can be ended by either you or the agent at any time by giving written notice.
When you must pay the agent
• The agent is entitled to the agreed commission if the agent is the effective cause of sale.
When you don’t have to pay the agent
• If the client sells the property privately and the agent is not the effective cause of sale i.e.: purchaser did not contact the
not attend open house inspections etc.
SOLE AGENCY
When you must pay the agent
• If you appoint a new agent during an existing agent’s sole agreement term and the property is sold during that term, yo
to pay:
• A commission to each agent (two commissions)
• Damages for breach of contract arising under the existing agent’s appointment
When you don’t have to pay the agent
• If the client sells the property privately and the agent is not the effective cause of sale i.e.: purchaser did not contact the
not attend open house inspections etc.
EXCLUSIVE AGENCY
When you must pay the agent
• The client will pay the appointed agent whether this agent, any other agent, or person (including the client themselves)
property during the term of the appointment.
• If the client sells the property, after the exclusive appointment expires and if the agent was the effective cause of sale (i
the buyer to the property) the agent may be entitled to commission.
At the end of the sole or exclusive agency, the parties Agree Do not agree
that the appointment will continue as an open listing. (Please tick whichever is relevant)
✔
✔

Property Occupations Act 2014• Form 6 • V5 • 1 August 2016 Page 4 of 6
Part 6—PROPERTY SALES: open listing, sole agency or exclusive agency continued
Acknowledgement for sole
and exclusive agency
I/we acknowledge the appointed agent has provided me/us with information about sole and
exclusive agency appointments.
Client .........................................................................................................................................
Date / /
Agent ........................................................................................................................................
Date / /
Part 7—Commission
To the client
The commission is negotiable. It
must be written as a percentage
or dollar amount.
Make sure you understand
when commission is payable.
If you choose ‘Other’ and
the contract does not settle,
the agent may still seek
commission.
To the agent
You should ensure that
commission is clearly
expressed and the client fully
understands the likely amount
and when it is payable. Refer
to section 104 and 105 of the
Property Occupations Act 2014.
The client and the agent agree that the commission including GST payable for the service to b
performed by the agent is:
....................................................................................................................................................
....................................................................................................................................................
....................................................................................................................................................
When commission is payable
For sales, including auctions, commission is payable if a contract is entered into and
settlement of the contract occurs.
Other .................................................................................................................................
(for specific other circumstances in which commission is payable see annexure).
For all other types of appointments:
....................................................................................................................................................
....................................................................................................................................................
This area has been intentionally left blank.
LARA BIGGLE
1 3 1 0 2 0 1 9
XYZ
1 3 1 0 2 0 1 9
$204.16(8.8% of $2320 of a month)
✔

Property Occupations Act 2014• Form 6 • V5 • 1 August 2016 Page 5 of 6
Part 8—Authorisation to incur fees, charges and expenses
The client authorises the agent to incur the following expenses in relation to the performance of the service/s
attached if required.
Section 1
Advertising/marketing
To the client
Your agent may either
complete this section or attach
annexures of marketing/
advertising activities. In either
case, the authorised amount
must be written here.
....................................................................................................................................................
....................................................................................................................................................
....................................................................................................................................................
....................................................................................................................................................
....................................................................................................................................................
Authorised amount $ ..................................................................................................................
When payable / /
Section 2
Repairs and maintenance
(if applicable)
Property management
The maximum value of repairs and maintenance to be paid by the agent without prior approv
the client is $ .............................................................................................................................
Section 3
Other
Description of fees and
charges.
The agent may either
complete this section or
attach annexures.
Description
...............................................
...............................................
...............................................
...............................................
Amount
..........................................
..........................................
..........................................
..........................................
When payable
...............................................
...............................................
...............................................
...............................................
Section 4
Agent’s rebate, discount,
commission or benefit
incurred in the provision
of or performance of the
service
Service
...............................................
...............................................
...............................................
...............................................
Source
..........................................
..........................................
..........................................
..........................................
Estimated amount
...............................................
...............................................
...............................................
...............................................
This area has been intentionally left blank.
1000 with prior approval of $300
Property inspection fee $33 Quarterly
QCAT attendance fee $55 per hour On invoice
Letting fee 110% of $580 $638
Terri scheer rebate On renewal $25

Property Occupations Act 2014• Form 6 • V5 • 1 August 2016 Page 6 of 6
Part 9—Signatures
WARNING: THE CLIENT IS ADVISED TO SEEK INDEPENDENT LEGAL ADVICE BEFORE SIG
This form enables the client to appoint, or reappoint, a property agent, resident letting agent or property auctioneer (the ‘a
for the sale, letting/management, collection of rent, auction or purchase of real property, land or businesses. This form mus
completed and given to the client before the agent performs any service for the client. Failure to do so may result in a pena
of commission for the agent. If you are unclear about any aspect of this form, or the fees you will be charged, do not sign it
advice. If you need more information about this form including what an agent needs to disclose, you can visit the Office of F
website at www.qld.gov.au/fairtrading or phone on 13 QGOV (13 74 68).
Client 1 Full name ...................................................................................................................................
....................................................................................................................................................
Signature .................................................................................. / /
Client 2 Full name ...................................................................................................................................
....................................................................................................................................................
Signature .................................................................................. / /
Agent
A registered real estate
salesperson working for an
agency can sign this form on
behalf of the licensed agent.
Full name ...................................................................................................................................
....................................................................................................................................................
Signature .................................................................................. / /
Schedules and
attachments
List any attachments.
Part 10—Reappointment
Use this section to
reappoint your agent. A
new appointment form is
required if any of the terms
or conditions are to change.
Your agent can only be
reappointed within 14 days
before the contract ends—not
before.
Limitations apply on
reappointments for sole
or exclusive agency
appointments for residential
property sales.
I/we (the client) reappoint .........................................................................................................
............................................................................ (the agent) to/ /
Client’s name .............................................................................................................................
....................................................................................................................................................
Signature .................................................................................. / /
Client’s name .............................................................................................................................
....................................................................................................................................................
Signature .................................................................................. / /
This area has been intentionally left blank.
This is the end of the approved form. Please note, any annexures/schedules form part of the appo
LARA BIGGLE
1 3 1 0 2 0 1 9
XYZ
1 3 1 0 2 0 1 9
XYZ
1 3 1 1 2 0 1 9
LARA BIGGLE
1 3 1 0 2 0 1 9