CPPREP4002 - Case Studies v1

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Griffith University *

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4080A

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Accounting

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May 9, 2024

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CPPREP4002 – Access and interpret ethical practice in real estate (Release 1) Case Studies Case Studies Page | 1 of 8 © Real Estate Academy Australia RTO 32426 Version 1.6 – May 2021
CPPREP4002 – Access and interpret ethical practice in real estate (Release 1) Case Studies What you need to do: As you have already learned from the previous unit CPPREP4003 - Access and interpret legislation in real estate (Release 1), accessing, reading, interpreting and applying legislation is an integral part of your role in real estate practice. For the following assessment task, you will once again be required to access, read, interpret and apply legislation. Read each case study below and respond to the questions considering which legislation (name of Act or Regulation) is being breached in each scenario. Refer to the relevant Acts and regulations of legislation that are directly and indirectly relevant to each scenario and ensure you refer to the sections of legislation that you interpreted and applied to each case study. There are multiple sections of legislation that are relevant in some of the questions. Examples of legislation you will need to consider includes but is not limited to Commonwealth legislation such as; Privacy Act 1988 (Cth) Competition and Consumer Act 2010 (Cth) You will also need to refer to the legislation relevant to your state or territory as covered in Learner Guide CPPREP4003. You are required to answer all questions correctly. If correct, you will see ‘Satisfactory’ written in your grades section next to the assessment name. If incorrect, you will see ‘Not Satisfactory’. After grading your working, the assessor will provide you with a Record of Results to identify any skills gaps and feedback regarding any required re-submissions. How to Submit your Assessment: Upload your completed document into your learner portal as per the instructions with the assessment task. You can drag and drop the file into the window or use the add file icon in the top left of the submission window and select the file you wish to upload by using the browse/choose file option.  Click on “finish attempt” to submit it for grading. Page | 2 of 8 © Real Estate Academy Australia RTO 32426 Version 1.6 – May 2021
CPPREP4002 – Access and interpret ethical practice in real estate (Release 1) Case Studies Case study 1 Chris is the principal Licensee at City Real Estate. He has built the agency over the last six years and he has established a strong client base and reputation within the local region. He has several experienced employed sales agents and agents holding their registration certificate working for the agency. Bethany has been working as administration manager for City Real Estate since its inception and has worked closely with Chris to build the business. She displays a keen interest in the real estate industry and over the years has developed an excellent working knowledge of various aspects of an agent’s role. She has decided to undertake training to obtain her registration certificate. Chris was recently offered a teaching position at a local TAFE. As a result, he is spending less time in the office, sometimes not coming into the office for days in a row. He is confident that the staff will continue to provide excellent service. Last week one of the agents responsible for property management resigned and Chris has asked Bethany to conduct some urgent rental property inspections and prepare the condition reports. a) Which section(s) of the legislation have been breached under the relevant Act. You must name the legislation and relevant section in your answer. Property Occupations Act 2014 Division 3, Section 97- A person must not act as a property agent unless the person holds a property agent licence, and the act is done under the authority of the person’s licence. Bethany would need a real estate agent license to conduct rental property inspections and preparing condition report. Without a real estate agent license, Bethany would be in breach of section 16 of the Estate Agents Act 1980. b) What advice would you give Bethany and Chris? My advise is that Bethany completes the necessary training and obtains a license before conducting any real estate agency work. Chris should ensure that all employees are licensed or registered under the relevant legislation before allowing them to undertake any work. c) How will any breach of the Act impact on Bethany’s eligibility to obtain her registration certificate? The licensing body may consider this breach as evidence that she does not have a suitable character to hold a license or registration, which is one of the Page | 3 of 8 © Real Estate Academy Australia RTO 32426 Version 1.6 – May 2021
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