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Agency PracticeWAEASY

Which Act is the primary legislation regulating the licensing and conduct of real estate agents in Western Australia?

Correct Answer

B) Real Estate and Business Agents Act 1978

The Real Estate and Business Agents Act 1978 is the primary legislation governing the licensing, conduct, and obligations of real estate and business agents in Western Australia. It sets out requirements for licensing, trust accounts, and professional standards.

Answer Options
A
Australian Consumer Law (Competition and Consumer Act 2010, Schedule 2)
B
Real Estate and Business Agents Act 1978
C
Settlement Agents Act 1981
D
Property and Stock Agents Act 2002

Why This Is the Correct Answer

The Real Estate and Business Agents Act 1978 sets WA's licensing, conduct, trust account and disciplinary rules for real estate and business agents.

Why the Other Options Are Wrong

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Related Topics & Key Terms

Key Terms:

Real Estate and Business Agents Act 1978DMIRSlicensing
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