Property Occupations Act 2014

A person completes a residential property sale if a residential property in which the person has an interest is sold, whether or not a transfer to the purchaser under the sale has been registered.

However, the person is not to be taken to have completed a residential property sale if—

the person appointed a property agent to sell the interest in the residential property on the person’s behalf and the property agent is the effective cause of the sale; or

the person held the interest in the residential property as—

a personal representative; or

an administrator under the Guardianship and Administration Act 2000; or

a beneficiary in, or a trustee of, a deceased person’s estate; or

a mortgagee; or

the person is a corporation and the corporation sold the corporation’s interest in the residential property to a related body corporate of the corporation; or

the interest in the residential property is sold under a court order.

In this section—related body corporate see the Corporations Act, section 9.