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Property ManagementRental AdvertisingVICEASY

A Victorian landlord wants a rental listing to read '$620–$660 per week' to test the market. How must the rent be advertised?

Correct Answer

D) At a single fixed amount, such as $640 per week

Consumer Affairs Victoria says rental properties can only be offered at a fixed amount. They cannot be advertised within a price range or with 'price plus' advertising, and agents cannot solicit or invite offers of rent above the advertised price. A for-rent sign may omit the rent amount.

Answer Options
A
As a range, provided it spans no more than 10%
B
As '$620 plus', inviting higher offers of rent
C
As 'rent by negotiation', with no figure shown
D
At a single fixed amount, such as $640 per week

Why This Is the Correct Answer

Victorian rentals must be advertised at a fixed amount.

Why the Other Options Are Wrong

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