A Victorian agent sells a Ballarat house by private sale, and the contract becomes unconditional on 2 November 2026. What must she do with the Property Price Statement?
Correct Answer
A) Add the sale price within 7 days and keep it online for at least 18 months
Under the Victorian rules that apply to properties sold after 1 October 2026, agents must publish the final sale price in the Property Price Statement within 7 days of the sale becoming unconditional. The statement must then remain online, free of charge, for at least 18 months after the sale became unconditional.
Why This Is the Correct Answer
The sale price must be added within 7 days of the sale becoming unconditional, and the statement kept online for 18 months.
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