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Consumer ProtectionAustralian Consumer LawMEDIUM

Which of the following statements about the Australian Consumer Law's application to real estate transactions is correct?

Correct Answer

D) It governs agents' conduct and services but gives no guarantees over the land itself

The Australian Consumer Law governs how agents behave and the services they supply, including their representations, which must not be misleading. It does not give consumer guarantees over the land itself, because real property is not 'goods' under the ACL.

Answer Options
A
It covers residential transactions only when the price is below a set dollar limit
B
It makes vendors disclose every defect, whether or not anyone knew about it
C
It covers what agents write in advertisements but not what they say aloud
D
It governs agents' conduct and services but gives no guarantees over the land itself

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