Auction checklist
This helpful checklist should only be used where there is a full understanding of the relevant requirements set out in the Property and Stock Agents Act 2002 (NSW) and the Regulation. Download the checklist >>>
Authority to exchange at auction
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Authority to exchange with cooling-off period
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Section 35 (Notification of a franchising agreement)
Used to notify Fair Trading within 30 days of entering into a franchising agreement. Download the disclosure >>>
Section 47 (Disclosure to client and prospective buyer of land)
Used to disclose any relationship that the agent may have with a person to whom the agent refers a buyer or seller for professional services. Download the disclosure >>>
Section 49 form (Consent to real estate agent/assistant real estate agent obtaining a beneficial interest in property)
Where an agent or employed salesperson is concerned with obtaining a beneficial interest in the relevant property, under the Property and Stock Agents Act 2002 (NSW), a section 49 consent must be completed and provided to the vendor. Download the consent form >>>
Section 59 waiver of cooling-off period
The Property and Stock 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. To access the section 59 cooling-off period waiver, please go to page 61 of this document: Download the waiver >>>