Identify the penalties for the breaches of legislation

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Research and identify the penalties for the following breaches of legislation. Note the maximum penalty and the section number of the act.

a) You must not permit or assist a person who is not licensed to carry on the business of an estate agent. (License Lending)

b) You must not publish or authorise the publication of an advertisement that is false or misleading.

c) You must not fraudulently use trust money or falsify trust accounts.

Undertake a self-assessment of your skills and knowledge for working in the real estate industry. For each bullet point, indicate where further development is needed (Y/N) and what actions you will undertake to address these areas.

-Communication skills, ie active listening, building rapport

-Negotiation skills

-Networking, ie ability to develop and maintain contacts

-Problem solving skills

-Risk assessment and management skills

-Sales skills

-Organisational skills

-Knowledge of local area

-Computer skills, ie working with emails, using standard software, accessing internet, etc

Reference no: EM132834537

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