Estate Agents (Education) Regulations 2020

The following classes of persons are exempted from section 16(1)(b) of the Act—

Schedule 1

Regulations 6 and 9

1 The course of instruction required for the award of CPP41419 Certificate IV in Real Estate Practice from the Property Services Training Package, Release 8.0, or if superseded its equivalent, and comprising the following units of competency, or if any unit is superseded the equivalent of that unit (based on Victorian estate agency law, practice and procedure)—

CPPREP4001 Prepare for professional practice in real estate

CPPREP4002 Access and interpret ethical practice in real estate

CPPREP4003 Access and interpret legislation in real estate

CPPREP4004 Establish marketing and communication profiles in real estate

CPPREP4005 Prepare to work with real estate trust accounts

CPPREP4101 Appraise property for sale or lease

CPPREP4102 Market property

CPPREP4103 Establish vendor relationships

CPPREP4104 Establish buyer relationships

CPPREP4105 Sell property

CPPREP4121 Establish landlord relationships

CPPREP4122 Manage tenant relationships

CPPREP4123 Manage tenancy

CPPREP4124 End tenancy

CPPREP4125 Transact in trust accounts

Any 3 elective units that satisfy the "Packaging Rules" for the award of CPP41419 Certificate IV in Real Estate Practice, described in Qualification details CPP41419 - Certificate IV in Real Estate Practice (Release 1) published on 21 March 2019 on the Internet site of the official national register of information on VET in Australia, Department of Education, Skills and Employment of the Commonwealth, as in force from time to time.

AND

2 The course of instruction required for the award of CPP51119 Diploma of Property (Agency Management) from the Property Services Training Package, Release 8.0, or if superseded its equivalent, and comprising the following units of competency, or if any unit is superseded the equivalent of that unit (based on Victorian estate agency law, practice and procedure)—

CPPREP5001 Manage compliance in the property industry

CPPREP5002 Establish and monitor property industry trust account management practices

CPPREP5003 Manage ethical practice in the property industry

CPPREP5004 Manage a safe workplace in the property industry

CPPREP5005 Manage teams in the property industry

CPPREP5006 Manage operational finances in the property industry

CPPREP5007 Develop a strategic business plan in the property industry

Any 5 elective units that satisfy the "Packaging Rules" for the award of CPP51119 Diploma of Property (Agency Management), described in Qualification details CPP51119 - Diploma of Property (Agency Management) (Release 1) published on 21 March 2019 on the Internet site of the official national register of information on VET in Australia, Department of Education, Skills and Employment of the Commonwealth, as in force from time to time.

Note

See the National Register of VET at https://training.gov.au (or the Internet site of a subsequent equivalent Commonwealth service).

Schedule 2

Regulation 8

The course of instruction required for the award of CPP41419 Certificate IV in Real Estate Practice from the Property Services Training Package, Release 8.0, or if superseded its equivalent, and comprising the following units of competency, or if any unit is superseded the equivalent of that unit (based on Victorian estate agency law, practice and procedure)—

CPPREP4001 Prepare for professional practice in real estate

CPPREP4002 Access and interpret ethical practice in real estate

CPPREP4003 Access and interpret legislation in real estate

CPPREP4004 Establish marketing and communication profiles in real estate

CPPREP4005 Prepare to work with real estate trust accounts

CPPREP4101 Appraise property for sale or lease

CPPREP4102 Market property

CPPREP4103 Establish vendor relationships

CPPREP4104 Establish buyer relationships

CPPREP4105 Sell property

CPPREP4121 Establish landlord relationships

CPPREP4122 Manage tenant relationships

CPPREP4123 Manage tenancy

CPPREP4124 End tenancy

CPPREP4125 Transact in trust accounts

Any 3 elective units that satisfy the "Packaging Rules" for the award of CPP41419 Certificate IV in Real Estate Practice, described in Qualification details CPP41419 - Certificate IV in Real Estate Practice (Release 1) published on 21 March 2019 on the Internet site of the official national register of information on VET in Australia, Department of Education, Skills and Employment of the Commonwealth, as in force from time to time.

Note

See the National Register of VET at https://training.gov.au (or the Internet site of a subsequent equivalent Commonwealth service).

Schedule 3

Regulations 7 and 9

1 The course of instruction required for the award of a Certificate IV in Property (Real Estate Agency Practice) and including a pass in the relevant written examinations administered by Vocational Education and Training Assessment Services (VETASSESS), or its successors in law, as the managing agent for the State-wide external examinations for the Office of Training and Tertiary Education, or its successor in law, for each of the following units of competency—

PRDRE11A Provide property appraisal

PRDRE15A Undertake property sale by private treaty

PRDRE16A Monitor sales process

PRDRE18A Lease property

PRDRE19A Provide property management services

PRDRE23A Maintain agency–client relationship

PRDRE26A Conduct property sale by auction

PRDRE28A Maintain trust account

conducted by the registered education and training organisations approved by the Director under section 10A of the Act as in force immediately before its repeal.

OR

2 The course of instruction and examination required for the award of a Bachelor of Business Property (Agency and Marketing stream) by or under the authority of the Royal Melbourne Institute of Technology and started before 1 January 2000.

OR

3 The course of instruction required for the award of a Certificate IV in Business (Estate Agency Practice) and including a pass in the written examinations administered by the Office of Training and Further Education's Examinations Branch, or its successors in law, for each of the following—

Module ABH504 Real Estate Accounting

Module ABH508 Real Estate Consumer Protection

Module ABH510 Contract Law for Real Estate

Module ABH511 Property Law

Module ABH512 Residential Tenancies

Module ABH522 Contracts for the Sale of Land

Module ABH524 Property Appraisal

conducted by or under the authority of any of the following educational institutions or their successors in law—

Barton Institute of TAFE

Bendigo Regional Institute of TAFE

Box Hill Institute of TAFE

Casey Institute of TAFE

Central Gippsland Institute of TAFE

East Gippsland Institute of TAFE

Gordon Institute of TAFE

Goulburn Valley Institute of TAFE

Holmesglen Institute of TAFE

Kangan Institute of TAFE

Northern Melbourne Institute of TAFE

Outer Eastern College of TAFE

Peninsula Institute of TAFE

Royal Melbourne Institute of Technology

South West Institute of TAFE

Sunraysia Institute of TAFE

Swinburne University of Technology

The School of Mines and Industries Ballarat Limited

Victoria University of Technology

Wangaratta College of TAFE

Western Melbourne Institute of TAFE

Wimmera Institute of TAFE

Wodonga Institute of TAFE

OR