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Consumer Property Acts Review Issues Paper 1

Consumer Property Acts Review Issues Paper 1

By LIV Media

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In August 2016, the Minister for Consumer Affairs, Gaming and Liquor Regulation, the Honourable Jane  Garrett MP, announced a general review of Victoria’s real estate and related legislation. The review  examines four key pieces of real estate and property legislation: the Sale of Land Act 1962 (Vic), the Estate  Agents Act 1980 (Vic), the Owners Corporations Act 2006 (Vic) and the Conveyancers Act 2006 (Vic). The  objectives of the review are to: 

  • assess the four Acts to identify improvements that could be made to the legislation; 
  • examine the efficiency and effectiveness of the regulatory arrangements governing the conduct of  licensed practitioners involved in the sale of land, real estate transactions and the management of  owners corporations; and 
  • recommend necessary amendments to improve the operation of legislative arrangements set in place  by these Acts. 

The Law Institute of Victoria (LIV) provided preliminary comments to Consumer Affairs Victoria (CAV)  regarding the review in late 2015. The LIV welcomes the opportunity to continue its contributions to the  review, and notes that CAV will be releasing three issues papers. This submission contains the LIV’s  response to the range of questions in Issues Paper 1, which focuses on the conduct of and institutional  arrangements for estate agents, conveyancers and owners corporation managers.

View the full submission (PDF)


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