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Property MarketingAdvertisingNSWEASY

A licensee who trades under a registered business name places a newspaper advertisement for a listing. Under the Property and Stock Agents Act 2002, what must the ad include?

Correct Answer

C) The licensee's own name or the registered business name

Section 50(1) of the Property and Stock Agents Act 2002 prohibits a licensee from publishing an advertisement relating to the business unless it includes the licensee's name or, where the licensee trades under a registered business name, either the licensee's name or that business name.

Answer Options
A
The licensee's licence number and the expiry date of the licence
B
The name of the licensee in charge of the agency's trust account
C
The licensee's own name or the registered business name
D
The estimated selling price recorded in the agency agreement

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