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What is the main purpose of a trust account

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What is the main purpose of a trust account?

What are some common rules within the legislation that agencies must follow in day to day operations in either sales or property management?

What are the rules about banking and receipting trust account money?

Does the state or federal government regulate the following acts?

(A) Property Occupations Act

(B) Competition and Consumer Act

(C) Privacy Act

List 3 requirements regarding the collection and use of personal information that agencies should adhere to.

Name 3 licensing and eligibility requirements for estate agents, real estate representatives and other employees.

What are the main offences and penalties under the regulatory and legislative framework for real estate agencies, eg for breaching legislation?

Name 3 basic requirements that any real estate agency should comply with when dealing with sales and property management?

What might breaches of ethical and conduct standards relate to, and what penalties apply?

(a) What is meant by the term breach of contract?

(b) What is meant by the term negligence?

From whom might specialist advice be sourced in relation to real estate operations?

List 5 risks relating to real estate operations.

What are the employer's responsibilities relating to industry/agency practice and conditions of employment?

What are the employee's responsibilities relating to industry/agency practice and conditions of employment?

Is an "Employee Collective Agreement" still allowable in real estate employment negotiations?

What are examples of effective communication strategies?

How can ongoing training needs and priorities can be determined?

What are some of the opportunities available for continuing training to maintain currency of competency and to develop specialist skills and knowledge?

Reference no: EM132891477

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