A Queensland real estate agent tells a buyer that a property has been 'fully renovated' when the agent knows the plumbing and electrical work was not completed by licensed tradespeople. This is an example of:
Correct Answer
B) A false or misleading representation under the Australian Consumer Law
Claiming a property is 'fully renovated' when the agent knows work was not properly completed constitutes a false or misleading representation under the ACL. This can result in penalties, compensation orders, and disciplinary action.
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More Consumer Protection Questions
Under trust account regulations, how frequently must real estate agencies typically reconcile their trust accounts?
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Which of the following statements about misleading conduct under the Australian Consumer Law is correct?
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A real estate agent tells a potential buyer that a property 'will definitely increase in value by 20% next year.' Under the Australian Consumer Law, this statement would most likely be considered:
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A Queensland buyer believes they were misled by an agent about a property's features and suffered financial loss. The buyer may seek compensation through:
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A Queensland real estate agent's licence is suspended by the OFT for serious misconduct. During the suspension period, the agent continues to conduct sales through an unregistered assistant. Under Queensland consumer protection and property legislation, which of the following is correct?