Information Sheets

REIV Information Sheets provide general information to Members practising in Victoria.

The information is a guide only. Members should seek their own independent legal advice and make their own enquiries regarding the subject matter. Please contact the REIV Information Officers for any queries regarding this material.
 
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Categories

 

AUCTIONEERING

 

Document 

Purpose

Version Date 

Who has the right to negotiate if the last bid is a vendor bid?

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to who has the right to negotiate if the last bid at an auction is a vendor bid.

14/08/2020     


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BUYING

 

Document 

Purpose

Version Date 

What needs to be disclosed about real estate when it is being bought or sold

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to acting as an agent for a vendor or for a buyer in the sale or purchase of real estate.  

15/01/2021

Entitlement to claim payment

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to their entitlement to claim payment for services provided or for expenditure incurred on behalf of a client.

17/06/2020    


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COMMERCIAL LEASING AND MANAGEMENT

 

Document 

Purpose

Version Date 

When is a lease a retail lease?

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to when a lease is a retail lease.

29/07/2020    

Essential Safety Measures

This information sheet provides general information to a Real Estate Agent practicing in Victoria in relation to the compliance with Essential Safety Measures specified in the Building Regulations 2018 and related matters in the Retail Leases Act.

27/04/2022

Remedying a Default Under a Commercial Lease

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to handling instances of default by the tenant under a commercial lease.

29/07/2022

Renewal of a Retail Premises - Exercise of an Option to Renew the Lease

This information sheet provides general information only to a Real Estate Agent practising in Victoria in relation to “Renewal of a Retail Premises - Exercise of an Option to Renew the Lease.”

07/09/2023


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RESIDENTIAL LEASING AND MANAGEMENT

 

Document 

Purpose

Version Date

Family or personal violence - residential tenancies

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to the Residential Tenancies Act and the options available in circumstances involving family or personal violence.

13/07/2021

Locks for external doors - Residential Minimum standards

This information sheet provides general information to a Real Estate Agent practicing in Victoria in relation to locks for external doors and the residential rental minimum standards

10/06/2021

Windows - Residential Minimum Standards

This information sheet provides general information to a Real Estate Agent practicing in Victoria in relation to windows and the residential rental minimum standards.

10/06/2021

Selling a rented residential property

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to the compliance under the Residential Tenancies Act when selling rented residential property.

02/07/2021

Residential rental- accessing the property

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to the limitations on access to a rented residential property. 

21/05/2021

Delayed effective date for residential tenancy changes

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to the implementation of changes to the Residential Tenancies Act being delayed beyond 29th March 2021 in some circumstances.

26/05/2021

Information residential rental provider must not require form application

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to information which a residential rental provider must not require a rental applicant to disclose. 

06/04/2021

Pre-contractual disclosure

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to information which a residential rental provider must supply to a prospective renter prior to entering into a rental agreement. 

05/03/2021

Non-payment of rent and Notices to Vacate

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to residential renters who fail to pay rent, and when a notice to vacate may be given. 

01/03/2021

Residential rental - Notices to Vacate

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to when a notice to vacate may be given to a renter in a residential property. 

13/01/2022

Condition reports and routine inspections – take care

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation assessing the condition of residential properties before and during tenancies.

13/02/2021

When is a lease a retail lease?

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to when a lease is a retail lease.

29/07/2020

Entitlement to claim payment

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to their entitlement to claim payment for services provided or for expenditure incurred on behalf of a client. 

17/06/2020

Internet and telecommunication connections

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to internet and telecommunication connections in residential rental properties.

27/04/2022

Essential Safety Measures

This information sheet provides general information to a Real Estate Agent practicing in Victoria in relation to the compliance with Essential Safety Measures specified in the Building Regulations 2018 and related matters in the Retail Leases Act.

27/04/2022

Abandonment by Residential Renter

This information sheet provides general information to a Real Estate Agent practicing in Victoria in relation to the actions an agent can take when it is suspected that a renter has abandoned a residential rental property.

15/06/2022

Safety Compliance – Residential Rental

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to compliance with safety requirements by the renter and the rental provider in residential rental properties. It also highlights practices about which agents need to be vigilant to minimise the risk of successful compensation against them.

20/04/2023


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RESIDENTIAL SALES

 

Document

Purpose

Version Date

Selling a rented residential property

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to the compliance under the Residential Tenancies Act when selling rented residential property.

28/01/2022

Acting in the re-sale of a listing

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to the sale of a property where the contract for a previous sale of the property by the same agent has not been performed.  

12/02/2021

What needs to be disclosed about real estate when it is being bought or sold

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to acting as an agent for a vendor or for a buyer in the sale or purchase of real estate.  

15/01/2021

Who has the right to negotiate if the last bid is a vendor bid?

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to who has the right to negotiate if the last bid at an auction is a vendor bid. 

14/08/2020

Price quoting when selling residential real estate

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to price quoting when selling residential real estate.

17/07/2020

Entitlement to claim payment

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to their entitlement to claim payment for services provided or for expenditure incurred on behalf of a client. 

17/06/2020

When is it "Sold"?

This information sheet provides general information to a Real Estate Agent practising in Victoria in relation to when real estate can be considered to have been sold.

14/07/2022

 


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AGENCY MANAGEMENT AND OTHER

 

Document

Purpose

Version Date

Compliance with the Australian Privacy Act

This information sheet provides general information regarding compliance with the Australian Privacy Act required of some REIV members operating a business.

04/03/2022

Execution Clauses (Attestations)

This information sheet is intended to provide and determine which execution clauses should be used when executing a document including a contract such as an authority, lease or deed of renewal.

09/06/2022

Responding to floods and the threat of floods

This information sheet is inteded to provide general advice on floods impacting properties that real estate agents have some level of responsibility over.

14/10/2022

Windfall Gains Tax

This information sheet provides general information only to a Real Estate Agent practising in Victoria in relation to Windfall Gains Tax - Victoria. 

13/ 07/2023

 


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