Explain the legal framework in australia

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1. Explain the legal framework in Australia relevant to real estate in NSW.

5.1 Statute law

5.2 Common law

5.3 Contract law

5.4 Equity law

2. What is the responsibility of real estate personnel to access, read, interpret and apply legislation to their real estate activity?

3. Explain the interrelationship between various pieces of relevant legislation.

4. Apply your learning about ethics and explain (3) strategies you could undertake to respond to concerns about discrepancies between personal and/or agency practice ethical practices and those outlined in the standards for real estate ethical practice.

5. What are the obligations contained in the The Property, Stock and Business Agents Act 2002 legislation?

6. Research and examine the foundation for ethical practice applicable to real estate and its relationship to ethical behaviour.

Reference no: EM132912706

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