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Property Occupations Form 6

This document is an appointment form for a property agent, resident letting agent, or property auctioneer under the Property Occupations Act 2014. It contains sections for client details, licensee details, property details, and terms of appointment. The client can appoint the agent to perform services related to sale, purchase, letting, leasing, auction, or management of a property. Appointments can be single or continuing over a period of time. The form also includes spaces to provide details of price, reserve price, or rental price for the property.

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Cara Elliott
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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0% found this document useful (0 votes)
391 views6 pages

Property Occupations Form 6

This document is an appointment form for a property agent, resident letting agent, or property auctioneer under the Property Occupations Act 2014. It contains sections for client details, licensee details, property details, and terms of appointment. The client can appoint the agent to perform services related to sale, purchase, letting, leasing, auction, or management of a property. Appointments can be single or continuing over a period of time. The form also includes spaces to provide details of price, reserve price, or rental price for the property.

Uploaded by

Cara Elliott
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Property occupations

Form 6
Appointment and reappointment of a property agent,
resident letting agent or property auctioneer
Property Occupations Act 2014
This form is effective from 1 August 2016 ABN: 13 846 673 994

Part 1—Client details

Client 1 Client name ......................................................................................................................................


Note: The client is the person
or entity appointing the .........................................................................................................................................................
agent to provide the services.
This may be the owner (or ABN ACN
authorised representative
of the owner) of the land, Are you registered for GST? Yes No
property or business that
is to be sold or may be a Address.............................................................................................................................................
prospective buyer seeking to
purchase land or a property. .........................................................................................................................................................

Suburb ........................................................................... State Postcode

Phone......................................... Fax.......................................... Mobile...........................................

Email address....................................................................................................................................

Client 2 Client name ......................................................................................................................................


Note: Annexures detailing
additional clients may be .........................................................................................................................................................
attached if required.
ABN ACN

Are you registered for GST? Yes No

Address.............................................................................................................................................

.........................................................................................................................................................

Suburb ........................................................................... State Postcode

Phone......................................... Fax.......................................... Mobile...........................................

Email address....................................................................................................................................

Part 2—Licensee details

Licensee type
Real estate agent Resident letting agent Property auctioneer
More than one box may be
ticked if appropriate. Trading name ....................................................................................................................................
Note: Annexures detailing
Licensee name (corporation, if applicable).........................................................................................
conjuncting agents may be
attached if required.
.........................................................................................................................................................
Licensee name
ABN ACN
Where a corporation licensee
is to be appointed, state
the corporation’s name and Licence number Expiry / /
licence number.
Address ............................................................................................................................................
Where a sole trader is to
be appointed, state the
Suburb .......................................................................... State Postcode
individual’s name and licence
number.
0740FT_0616

Phone......................................... Fax.......................................... Mobile...........................................

Email address....................................................................................................................................

Property Occupations Act 2014 • Form 6 • V5 • 1 August 2016 Page 1 of 6


Part 3—Details of property or business that is to be sold, let, purchased, or managed
Please provide details of the
property, land, or business as Description .......................................................................................................................................
appropriate.
.........................................................................................................................................................
Note: Annexures detailing
multiple properties may be Address ............................................................................................................................................
attached if required.
Suburb .......................................................................... State Postcode

Lot ................................................................................. Plan...........................................................

Title reference ...................................................................................................................................

Part 4—Appointment of property agent


Section 1 The client appoints the agent to perform the following service/s:
Performance of service Sale Purchase Letting / collection of rent / management
Annexures detailing the
performance of service may Leasing (Commercial agents)
be attached if required.
Auction Auction date / / (must be completed)

Other (please specify)................................................................................................................

Section 2
Single appointment for a particular service or services
Term of appointment
Sole and exclusive Start / / End / /

appointments: for sales
of one or two residential
properties, the term is Continuing appointment for a service or a number of services over a period
negotiable and agent can be
appointed or reappointed Start / /
up to a maximum of 90
days per term. There are no
limitations on the length of
an appointment for anything
other than a residential
property sale.

Section 3
Reserve List Letting
Price
State the price for which the $......................................................................................................................................................
property, land or business is to • For auctions: If a reserve price is unknown at the time of appointment, it can be advised in
be sold or let. writing at a later date.
Note: Bait advertising is an • For residential property auctions and residential properties to be marketed without a price: If
offence under the Australian the client agrees to marketing via an electronic listing provider, the client agrees for the agent to
Consumer Law. disclose to the electronic listing provider a price or price range of

$........................................................................................................ to establish a search criteria.

Section 4
.........................................................................................................................................................
Instructions/conditions
The client may list any .........................................................................................................................................................
condition, limitation
or restriction on the .........................................................................................................................................................
performance of the service.
.........................................................................................................................................................
Note: Annexures detailing
instructions/conditions may .........................................................................................................................................................
be attached if required.
.........................................................................................................................................................

.........................................................................................................................................................

.........................................................................................................................................................

.........................................................................................................................................................

Property Occupations Act 2014 • Form 6 • V5 • 1 August 2016 Page 2 of 6


Part 5—Termination of appointment

Residential sales of 1 or 2 Open listing: You may terminate in writing at any time.
properties only Sole or exclusive: The client and agent can agree in writing to end the appointment early. For
appointments of 60 days or more, either party can end the appointment by giving 30 days written notice,
but the appointment must run for at least 60 days unless both parties agree to an earlier end date.

Open listing You may terminate an open listing for either commercial or residential property sales at any time.

Other fixed term The parties may agree to a fixed term appointment of their choice. This term may be ended earlier
appointments by mutual agreement.
(excluding residential
property sales)

Continuing appointments You may terminate in writing with 30 days notice, or less if both parties agree.
(for example: letting,
collection of rents etc)

Part 6—PROPERTY SALES: open listing, sole agency or exclusive agency

To the client
You may appoint an agent to sell a property or land on the basis of an open listing, or a sole agency, or exclusive agency.

The following information explains the circumstances under which you will, and won’t, have to pay a commission to the agent if the
property is sold during their term of appointment.

OPEN LISTING

• You appoint the agent to sell the property but you retain a right to appoint other agents on similar terms, without penalty or extra
commission.
• No end date required.
• Appointment can be ended by either you or the agent at any time by giving written notice.

When you must pay the agent


• The agent is entitled to the agreed commission if the agent is the effective cause of sale.

When you don’t have to pay the agent


• If the client sells the property privately and the agent is not the effective cause of sale i.e.: purchaser did not contact the agent, did
not attend open house inspections etc.

SOLE AGENCY

When you must pay the agent


• If you appoint a new agent during an existing agent’s sole agreement term and the property is sold during that term, you may have
to pay:
• A commission to each agent (two commissions)
• Damages for breach of contract arising under the existing agent’s appointment

When you don’t have to pay the agent


• If the client sells the property privately and the agent is not the effective cause of sale i.e.: purchaser did not contact the agent, did
not attend open house inspections etc.

EXCLUSIVE AGENCY

When you must pay the agent


• The client will pay the appointed agent whether this agent, any other agent, or person (including the client themselves) sells the
property during the term of the appointment.
• If the client sells the property, after the exclusive appointment expires and if the agent was the effective cause of sale (introduced
the buyer to the property) the agent may be entitled to commission.

At the end of the sole or exclusive agency, the parties Agree Do not agree

that the appointment will continue as an open listing. (Please tick whichever is relevant)

Property Occupations Act 2014 • Form 6 • V5 • 1 August 2016 Page 3 of 6


Part 6—PROPERTY SALES: open listing, sole agency or exclusive agency continued

Acknowledgement for sole I/we acknowledge the appointed agent has provided me/us with information about sole and
and exclusive agency exclusive agency appointments.

Client ................................................................................................................................................

Date / /

Agent ................................................................................................................................................

Date / /

Part 7—Commission
To the client The client and the agent agree that the commission including GST payable for the service to be
The commission is negotiable. It performed by the agent is:
must be written as a percentage
or dollar amount. .........................................................................................................................................................

Make sure you understand .........................................................................................................................................................


when commission is payable.
If you choose ‘Other’ and .........................................................................................................................................................
the contract does not settle,
the agent may still seek
When commission is payable
commission.

To the agent For sales, including auctions, commission is payable if a contract is entered into and
settlement of the contract occurs.
You should ensure that
commission is clearly Other......................................................................................................................................
expressed and the client fully (for specific other circumstances in which commission is payable see annexure).
understands the likely amount
and when it is payable. Refer For all other types of appointments:
to section 104 and 105 of the
Property Occupations Act 2014. .........................................................................................................................................................

.........................................................................................................................................................

This area has been intentionally left blank.

Property Occupations Act 2014 • Form 6 • V5 • 1 August 2016 Page 4 of 6


Part 8—Authorisation to incur fees, charges and expenses
The client authorises the agent to incur the following expenses in relation to the performance of the service/s. Annexures may be
attached if required.

Section 1
.........................................................................................................................................................
Advertising/marketing
To the client .........................................................................................................................................................
Your agent may either
.........................................................................................................................................................
complete this section or attach
annexures of marketing/
advertising activities. In either .........................................................................................................................................................
case, the authorised amount
must be written here. .........................................................................................................................................................

Authorised amount $.........................................................................................................................

When payable / /

Section 2 The maximum value of repairs and maintenance to be paid by the agent without prior approval by
Repairs and maintenance
the client is $.....................................................................................................................................
(if applicable)
Property management

Section 3 Description Amount When payable


Other
Description of fees and ............................................... .......................................... ...............................................
charges.
............................................... .......................................... ...............................................
The agent may either
complete this section or ............................................... .......................................... ...............................................
attach annexures.
............................................... .......................................... ...............................................

Section 4 Service Source Estimated amount


Agent’s rebate, discount,
............................................... .......................................... ...............................................
commission or benefit
incurred in the provision
............................................... .......................................... ...............................................
of or performance of the
service ............................................... .......................................... ...............................................

............................................... .......................................... ...............................................

This area has been intentionally left blank.

Property Occupations Act 2014 • Form 6 • V5 • 1 August 2016 Page 5 of 6


Part 9—Signatures

WARNING: THE CLIENT IS ADVISED TO SEEK INDEPENDENT LEGAL ADVICE BEFORE SIGNING THIS FORM.
This form enables the client to appoint, or reappoint, a property agent, resident letting agent or property auctioneer (the ‘agent’)
for the sale, letting/management, collection of rent, auction or purchase of real property, land or businesses. This form must be
completed and given to the client before the agent performs any service for the client. Failure to do so may result in a penalty and loss
of commission for the agent. If you are unclear about any aspect of this form, or the fees you will be charged, do not sign it. Seek legal
advice. If you need more information about this form including what an agent needs to disclose, you can visit the Office of Fair Trading
website at [Link]/fairtrading or phone on 13 QGOV (13 74 68).

Client 1
Full name...........................................................................................................................................

.........................................................................................................................................................

Signature ................................................................................... / /

Client 2
Full name...........................................................................................................................................

.........................................................................................................................................................

Signature ................................................................................... / /

Agent
Full name...........................................................................................................................................
A registered real estate
salesperson working for an .........................................................................................................................................................
agency can sign this form on
behalf of the licensed agent. Signature ................................................................................... / /

Schedules and
attachments
List any attachments.

Part 10—Reappointment
Use this section to
reappoint your agent. A I/we (the client) reappoint .................................................................................................................
new appointment form is
required if any of the terms ............................................................................. (the agent) to / /
or conditions are to change.
Your agent can only be Client’s name.....................................................................................................................................
reappointed within 14 days
before the contract ends—not .........................................................................................................................................................
before.
Signature ................................................................................... / /
Limitations apply on
reappointments for sole
or exclusive agency Client’s name.....................................................................................................................................
appointments for residential
property sales. .........................................................................................................................................................

Signature ................................................................................... / /

This area has been intentionally left blank.

This is the end of the approved form. Please note, any annexures/schedules form part of the appointment contract.

Property Occupations Act 2014 • Form 6 • V5 • 1 August 2016 Page 6 of 6

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