What is the ethical position on 'secret commissions' in SA real estate?
Correct Answer
D) Taking an undisclosed payment from a third party is a crime and a breach of duty
Secret commissions — undisclosed payments received by an agent from a third party in connection with a transaction — are a criminal offence under the Criminal Law Consolidation Act 1935 (SA) and a serious breach of the agent's fiduciary duty to their client.
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