Contract Note Banned! Estate Agents Lose Deception Tool

OPINION by Peter Mericka B.A., LL.B Real Estate Lawyer Qualified Practising Conveyancer Victoria Director Lawyers Real Estate Pty Ltd The document known in the real estate industry as the standard REIV Contract Note has been banned. As from 28 September, 2008 the only document available to estate agents will be the standard form of contract prescribed by the Estate Agents (Contracts) Regulations 2008 or a contract prepared by a Legal Practitioner or a Licensed Conveyancer. Contract Note A Deceptive...(read more)

Read More...

[Source: Australian Real Estate Blog]