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:: Authorities and disclosures
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Making your job easier
We've brought together a variety of authorities, disclosures and checklists to assist real estate agents in their day-to-day practice.

Auction checklist
This helpful checklist should only be used where there is a full understanding of the relevant requirements set out in the Property, Stock and Business Agents Act 2002 (NSW) and the Regulation. Click here to download the checklist.

Authority to exchange at auction
Click here to download the authority.

Authority to exchange with cooling-off period
Click here to download the authority.

Authority to receive telephone bids
Click here to download the authority.

OFT Supervision Guidelines' checklists
The OFT Supervision Guidelines set out in detail what is required of the licensee in relation to the supervision of employees and the establishment and monitoring of compliance procedures. REINSW has developed a number of useful checklists to assist licensees and their staff to comply. Click here to access the checklists.

Prescribed Conditions of Sale by Auction and Auction Warning Notice
The Prescribed Conditions of Sale by Auction and Auction Warning Notice must be displayed in a conspicuous position where they may be viewed before and during the auction by any person in attendance. Click here to download.

Proof of identification checklist
A person who wishes to bid at auction must show proof of identification, which must be recorded by the agent on the confidential bidders record. A checklist has been compiled to assist agents when checking proof of identification, and provides some examples of types of proof of ID. Click here to download the checklist. 

Property Management Inspection Report
An inspection report must be completed as soon as practicable after entering into a Residential Management Agency Agreement. Click here to download a pro forma inspection report.

Section 47 disclosure
Where an agent refers a vendor or prospective purchaser to someone for professional services associated with the sale or purchase, under the Property, Stock and Business Agents Act 2002 (NSW), a section 47 disclosure must be completed. Click here to download the disclosure.

Section 49 consent
Where an agent or employed salesperson is concerned with obtaining a beneficial interest in the relevant property, under the Property, Stock and Business Agents Act 2002 (NSW), a section 49 consent must be completed and provided to the vendor. Click here to download the consent form. 

Section 59 Waiver of Cooling-off Period
The Property, Stock and Business Agents Act 2002 (NSW) provides that there is a cooling-off period for every agency agreement that relates to the sale of residential property or rural land in NSW. This cooling-off period can be waived by signing a waiver. Click here to download the waiver.

Statement of unclaimed trust moneys
Pursuant to section 96 of the Property, Stock and Business Agents Act 2002 (NSW), a statement of unclaimed trust moneys held by the Licensee-in-Charge must be furnished to the Office of Fair Trading in January each year in respect of trust moneys received by the licensee more than two years before that month. Click here to download the statement.