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Agency PracticeSupervisionNSWMEDIUM

An assistant agent's everyday mentor is a senior salesperson holding a class 2 licence. Under s 11 of the Property and Stock Agents Act 2002, who must supervise the assistant agent?

Correct Answer

C) The licensee in charge of her place of business, who holds a class 1 licence.

Section 11(2) of the Act requires a certificate holder to work under the supervision of the licensee in charge of the place of business, who must hold a class 1 licence covering that function. Fair Trading's guidance repeats that the licensee in charge must hold a class 1 licence in the same category of work.

Answer Options
A
Any licensed agent working in the same office, whether class 1 or class 2.
B
The agency principal, even if the principal holds only a corporation or class 2 licence.
C
The licensee in charge of her place of business, who holds a class 1 licence.
D
A class 2 agent who has at least two years' experience in the same category of work.

Why This Is the Correct Answer

The Act ties supervision to the class 1 licensee in charge of the place where the assistant agent works.

Why the Other Options Are Wrong

Background Knowledge for Agency Practice

Exam Tip for Agency Practice

Common Mistakes to Avoid on Agency Practice Questions

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