Twelve groups inspect a Victorian rental advertised at $580 a week. The property manager tells them, 'Offering more rent will help your application.' What does CAV say?
Correct Answer
A) Agents must not invite offers of rent above the advertised price
Consumer Affairs Victoria says rental properties can only be offered at a fixed amount and agents cannot solicit or invite offers of rent above the advertised price. This prevents rental bidding encouraged by the agent.
Why This Is the Correct Answer
Victorian agents must not solicit or invite rent above the advertised amount.
Why the Other Options Are Wrong
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