These scenarios are based in Queensland Australia, You must address legislative liabilities and responsibilities (refer to appropriate sections of the relevant Act for your state or territory) to answer the following;

1.1 Identify the various business ownership options

1.2 Identify the services offered by real estate agencies

1.3 Provide an outline of a typical organisational structure for a real estate agency.

1.4 Provide an overview of agency staff roles and responsibilities including administration, agents and agent's representatives and management. 1.5 Identify and explain the agency-principal relationship.

1.6 Identify parties to the following real estate transactions;

Contract for Sale of House and Land General Tenancy Agreement; Agency Agreement (Appointment of Agent); 1.7 Explain the agency's obligations in relationship to sharing their commissions/licence lending as outlined in the legislation for your state/territory.

1.8 What are the repercussions for agents/agencies performing real estate activities whilst being unlicensed? Refer to the relevant section(s) of the legislation in your answer. Whoever can answer these in somewhat depth I will be forever grateful.