In New South Wales, what must an agent give a client before the client signs an agency agreement for the sale of residential property?
Correct Answer
B) The approved consumer guide on agency agreements for residential property
In NSW, before a client signs an agency agreement for the sale of residential property, the agent must give the client the consumer guide approved by NSW Fair Trading on agency agreements for residential property. It explains the client's rights, including the cooling-off period on the agency agreement, commission and expenses, and how to make a complaint.
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