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Property MarketingSAMEDIUM

Under the Australian Consumer Law as applied in SA, what is the consequence of making false representations about a property's features?

Correct Answer

B) Potential civil penalties, compensation orders, and disciplinary action

False or misleading representations about a property can lead to civil penalties under the Australian Consumer Law, compensation orders for affected buyers, and disciplinary action against the agent by Consumer and Business Services.

Answer Options
A
A verbal warning from REISA
B
Potential civil penalties, compensation orders, and disciplinary action
C
The sale is automatically voided with no further consequence
D
The agent must reduce their commission by 50%

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Related Topics & Key Terms

Key Terms:

false representationsAustralian Consumer Lawcivil penalties
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