Showing articles tagged with 'Buying and selling property'
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The Victorian Government has passed new laws that will remove the ability of developers to use sunset clauses to intentionally delay building projects and exploit buyers.
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The Director of Consumer Affairs Victoria has started criminal action against Helen Sly and Ranelagh Realty Pty Ltd for alleged breaches of Victorian estate agent laws.
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A company that operates three Barry Plant estate agent offices in Melbourne will pay $720,000, after the Federal Court of Australia found it engaged in misleading or deceptive conduct and making false representations about property sales.
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Update for owner corporations managers on recent trends and issues in the sector.
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A former Glen Waverley estate agent has been sentenced to five years’ jail, after pleading guilty to 48 charges of misusing more than $6 million of his clients’ money, in breach of the Estate Agents Act 1980.
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An estate agent must repay $69,000 in compensation; been fined $25,000; and sentenced to a two-year community corrections order, after pleading guilty to charges including fraudulent conversion.
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Estate agent Peter Maxwell Simmons, 66, has been banned from holding a licence, or acting as an agent’s representative, after Consumer Affairs Victoria was notified that more than $5,000 in trust account money was missing.
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Ballarat estate agency Gull and Company has been reprimanded and penalised $5,000 by the Victorian Civil and Administrative Tribunal (VCAT) for operating without a licence during 2015.
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The Director of Consumer Affairs Victoria has issued a public warning regarding the conduct of Craig Alan McIntosh in the supply of real estate services.
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A building cladding company and its director have been convicted and fined a total of $70,000, after pleading guilty to making false and misleading representations about the fire ratings of some of its products.
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