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Property Agents and Motor Dealers Act (Qld) : disclosure, cooling-off and marketeers

Christensen, Sharon A. & Dixon, William M. (2001) Property Agents and Motor Dealers Act (Qld) : disclosure, cooling-off and marketeers. FindLaw Australia.

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Abstract

The Property Agents and Motor Dealers Act 2000 commenced on 1 July 2001. Significant changes have now been made to the Act by the Property Agents and Motor Dealers Amendment Act 2001 (“the amending Act”). The amending Act contains two distinct parts. First, ss 11-19 of the amending Act provide for increased disclosure obligations on real estate agents, property developers and lawyers together with an extension of the 5 business day cooling-off period imposed by the original Act to all residential property (other than contracts formed on a sale by auction). These provisions are expected to commence on 29 October 2001. The remaining provisions of the amending Act provide for increased jurisdiction and powers to the Property Agents and Motor Dealers Tribunal (“the Tribunal”) enabling the Tribunal to deal with claims against marketeers. These provisions commenced on the date of assent (21 September 2001).

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ID Code: 42481
Item Type: Journal Article
Keywords: Property Law, The Property Agents and Motor Dealers Act 2000, Property Agents and Motor Dealers Amendment Act 2001
Subjects: Australian and New Zealand Standard Research Classification > LAW AND LEGAL STUDIES (180000) > LAW (180100) > Property Law (excl. Intellectual Property Law) (180124)
Divisions: Current > QUT Faculties and Divisions > Faculty of Law
Copyright Owner: Copyright 2001 Thomson Reuters (Professional) Australia Limited
Deposited On: 07 Jul 2011 08:55
Last Modified: 10 Jul 2011 08:29

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