EstatePass
Ethics ComplianceSAHARD

Under SA privacy law, what are a land agent's obligations regarding the collection and use of personal information from clients and prospective buyers?

Correct Answer

B) Covered agencies must follow the Australian Privacy Principles on collection, security and use of data

Agencies covered by the Privacy Act 1988 (Cth), generally those with annual turnover above $3 million and some smaller businesses, must comply with the Australian Privacy Principles: collect only what is needed, tell people why, keep it secure, and use or disclose it only for the purpose collected or a related expected purpose. SA has no separate general privacy statute for private businesses, but good practice applies the same principles in any agency.

Answer Options
A
No privacy obligations apply to real estate agents, as privacy law targets only large banks and insurers
B
Covered agencies must follow the Australian Privacy Principles on collection, security and use of data
C
Agents may use any personal information they collect for any marketing purpose they choose
D
Privacy laws bind only government agencies, not private businesses such as real estate agencies

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Related Topics & Key Terms

Key Terms:

Australian Privacy Principlespersonal informationdata protection
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