Queensland Subordinate Legislation 2001 No. 122 Property Agents and Motor Dealers Act 2000 PROPERTY AGENTS AND MOTOR DEALERS (REAL ESTATE AGENCY PRACTICE CODE OF CONDUCT) REGULATION 2001 TABLE OF PROVISIONS Section Page 1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 2 Commencement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 3 Code of conduct. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 SCHEDULE . . . . . . . . . . . . . . . . . . . . . . . . 5 REAL ESTATE AGENCY PRACTICE CODE OF CONDUCT PART 1—PRELIMINARY 1 Title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 2 Object . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 3 Definitions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 4 Compliance with code . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 PART 2—GENERAL RULES OF CONDUCT 5 Knowledge of Act and code . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 6 Fiduciary obligations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 7 Honesty, fairness and professionalism . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 8 Skill, care and diligence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 9 Agent to act in client’s best interests . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 10 Agent to act in accordance with client’s instructions . . . . . . . . . . . . . . . . . . 7 11 Agent to keep client informed of developments . . . . . . . . . . . . . . . . . . . . . . 7 12 Agent to ensure employees comply with Act and code. . . . . . . . . . . . . . . . . 8 13 Representations by employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
PROPERTY AGENTS AND MOTOR DEALERS (REAL ESTATE AGENCY PRACTICE CODE OF CONDUCT) REGULATION 2001
Jul 05, 2023
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