The real estate industry across Australia is extremely concerned for the welfare of our tenants who reside in rental properties managed by the real estate industry.
The Real Estate Institute of Victoria acknowledges that real estate agents, landlords and tenants, vendors and buyers, are all concerned about the impact of coronavirus.
The REIV leadership team is monitoring the evolving situation and setting up appropriate responses as required. The information provided below will be updated as necessary.
With news of the novel coronavirus COVID-19 dominating daily news headlines, the REIV encourages people to remain calm and to act on official public health advice. Here are some of the steps to consider.
The Real Estate Institute of Australia (REIA) statement on Coronavirus from REIA president Adrian Kelly.
REIV President Leah Calnan says a recent decision by the Court of Appeal, stating VCAT cannot rule on cases where the landlord resides outside of Victoria will create more questions than answers.
Following our notification to Members on Friday 29th February, Consumer Affairs Victoria released the new Material Fact Guidelines on Sunday the 1st of March 2020. Estate agents must now consider these in all sales transactions - commercial and residential.
The Sale of Land Amendment Act 2019 (Amendment Act) was passed by the Victorian Parliament on 28 May 2019 and received the Royal Assent on 4 June 2019 making a number of amendments to the Sale of Land Act 1962 (the Act), including an amendment to section 12(d) of the Act.
The Real Estate Institute of Victoria's latest data shows that the price difference can be significant in suburbs that are located in zone for some of Melbourne’s schools.
The Real Estate Institute of Victoria believes that the imminent introduction of ‘pet legislation’ will result in widespread confusion, long delays at VCAT and an increase in surrendered and abandoned animals.