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Agency PracticeAgency AgreementsNSWMEDIUM

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?

Correct Answer

B) The Fair Trading Commissioner

The changes that started on 29 June 2026 allow the Fair Trading Commissioner to approve standard agency agreement forms, and allow regulations to prescribe how agency agreements are kept. Agents still have to include the prescribed terms in each agreement.

Answer Options
A
The Real Estate Institute of New South Wales
B
The Fair Trading Commissioner
C
The NSW Civil and Administrative Tribunal
D
The licensee in charge

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