As at October 2026, what new maximum court penalty applies to a NSW agent or assistant agent who does not meet the continuing professional development requirements?
Correct Answer
C) $11,000
Among the changes that started on 29 June 2026, a new maximum court penalty of $11,000 applies to agents or assistant agents who do not meet their continuing professional development requirements. Missing CPD can therefore lead to a court penalty, as well as affecting the person's ability to keep working.
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As at October 2026, what is the maximum court penalty for a corporation convicted of dummy bidding at a NSW residential auction?
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