Lena is an assistant real estate agent. What CPD must she complete in each CPD year?
Correct Answer
D) At least 3 units from the Certificate IV needed for a class 2 licence.
Fair Trading's CPD requirements say assistant agents must complete at least 3 units each CPD year from a valid Certificate IV qualification required for the issue of a class 2 licence. This keeps them progressing towards the licence within the 4-year certificate term.
Why This Is the Correct Answer
An assistant agent's CPD is at least 3 Certificate IV units a year.
Why the Other Options Are Wrong
Background Knowledge for Agency Practice
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More Agency Practice Questions
In NSW, what happens to an agency agreement if the principal dies before the property is sold?
Priya holds an unrestricted class 2 real estate licence and wants to open her own agency as a sole trader. What does the Property and Stock Agents Act 2002 require?
Buyer Ahmed has paid an expression of interest deposit with an offer of $1.2 million (invented). Before exchange, another buyer submits a higher offer. Apart from passing the new offer to the vendor, what must the selling agent do regarding Ahmed?
Under NSW law, what is the standard cooling-off period for a residential property purchase?
In NSW, what is the maximum commission an agent may charge on a residential property sale?
- β An assistant agent completes 5 units of CPP41419 in one CPD year, 2 more than required. What happens to the extra 2 units?
- β A homeowner signs a sole agency agreement, then sells the house to a neighbour she found herself, with no agent involved. Is commission payable under the sole agency?
- β A NSW homeowner signs an exclusive agency agreement to sell her house at 3 pm on a Friday. There is no public holiday that weekend. When does her statutory cooling-off period for the agency agreement end?
- β An agent records the estimated selling price in a NSW residential sales agency agreement as a range with a lower figure of $900,000 (an invented example). What is the highest upper figure the range may lawfully show?
- β A buyer paid an expression of interest deposit on a NSW house, but the vendor then exchanged contracts with a different buyer. What is the first buyer entitled to?
- β Under the certificate of registration pathway, how long must a person hold an assistant real estate agent certificate before becoming eligible for an unrestricted class 2 licence?
- β Since the June 2026 changes to the Property and Stock Agents Act 2002, who can approve standard forms of agency agreement for use in NSW?
- β Under the Property and Stock Agents Act 2002 (NSW), what must a residential sales agency agreement contain for the agent to rely on it?
- β In NSW, if a real estate agent wants to purchase a property they have been engaged to sell, what must they do under the Property and Stock Agents Act?
- β Under NSW legislation, what is the minimum period for which an exclusive agency agreement can be entered into?
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Previous Question
Grace has held an unrestricted class 2 real estate licence for 18 months and has just completed the Diploma of Property (Agency Management). Her principal wants to nominate her as licensee in charge next week. Is she eligible for class 1?
Next Question
Mia's NSW assistant agent certificate of registration expires next month. She has not finished the units needed for a class 2 licence and has no exceptional circumstances to rely on. What happens when the certificate expires?
