What is a sales representative's role under the Land Agents Act 1994?
Correct Answer
A) Be registered and work for a registered agent under that agent's supervision
Under the Land Agents Act 1994 (SA), a sales representative must be registered (s 6A) and acts as an employee of a registered agent, whose business must be properly managed and supervised. A representative may receive trust money for the agent but must deposit it into the agent's approved trust account; the account is always in the agent's name.
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