Premium Essay

Real Estate Sales

In: Business and Management

Submitted By Daniello
Words 2330
Pages 10
Identify legal and ethical requirements of property sales to complete agency work

CPPDSM4008A

Assignment

Please read the “Guide to completing and submitting assignments” before you begin this assignment.

What you need to do

To successfully complete this assignment you must answer the following questions to demonstrate your knowledge. The assignment will be granted a result of “Competent” if the learning outcomes are achieved or “not yet competent” if not. If a result of “Not Yet Competent” is achieved you will be given the opportunity to resubmit your assignment.

Your Task

This task is designed for you to demonstrate your understanding of legal and ethical requirements of property sales to complete agency work. In part 1 you will investigate core functions of sales practice, including land ownership, the sale process, ethical conduct and legislative requirements.

In part 2 you will complete a standard agency form to demonstrate your practical understanding to compliment the theoretical knowledge you have gained through completing the scenarios and readings. Responses to these questions can be found in the CD learning resource, relevant legislation, third party readings, resources and web links.

NOTES:

1) When answering questions related to legislation you should quote the relevant section and Act (e.g. Section 32.1 Property Stock & Business Agents Act 2002) and describe the legislation IN YOUR OWN WORDS. Do not copy the legislation as your answer.

2) Questions 1 to 5 all relate to the sale of Andy’s property in Turramurra mentioned in Q1.

3) If you refer to legislation in a state other than NSW be sure to state which state or territory you are referring to in your answer.

Part 1 – Short answer questions

|No. |Question and answer...

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