106
In forceOther requirements—statement that appointment may be revoked by notice
Part 4Appointment of property agent or resident letting agent
Division 2Content of appointment
Subdivision 1Property agents and resident letting agents
106 Other requirements—statement that appointment may be revoked by notice
(1)
This section applies to an appointment of—
(a)
a property agent, other than an appointment for an open listing or a sole or exclusive agency; or
(b)
a resident letting agent.
(2)
The appointment must state, in writing, that the appointment may be revoked by either party giving the other party at least 30 days written notice of the revocation, unless the parties agree, in writing, to an earlier day for the appointment to end.
This Act’s bill:Explanatory memorandumSecond reading speech
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