Please help me with the following questions, thank you!

Assessment Task 4: Case studies

What you need to do:

Read each case study and respond to the questions, referring to Acts and regulations relevant to Victoria.

What you will need:

Research materials such as books, internet, magazines, workplace documentation etc

A copy of the relevant estate agent's Act for Victoria.

What you need to submit:

Type up your responses to each case study in Microsoft Word and submit a printed copy for assessment.

Submit any documentation/forms required.

Case study 1

Chris is the principal agent 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 employee

agents and agent's representatives 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 become an Agent's Representative.

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) Identify any breaches under the relevant Act for Victoria. You must refer to the appropriate

section.

b) What advice would you give Bethany and Chris?

c) How will any breach of the Act impact on Bethany's eligibility to be an agent's representative?

Case study 2

Rashid has engaged Rita to sell his property. Rita's brother, Marco, is looking for a house in the area and after

viewing the house; she believes that the house is exactly what Marco is looking for. She rings Marco to tell him

about the house.

a) Which section of the Act relates to an agent purchasing property?

b) Outline the requirements of the section?

c) Do the requirements of this section apply to Rita's situation? Explain why/why not.

d) Are there any exemptions to the section requirements? If yes, what are they?

e) What penalties apply for breach of the section?

f) What advice would you give Rita in relation to her actions in this matter?