You want to know what this Act is for. It aims to help people who buy or sell houses. It wants to make sure people feel safe when working with real estate agents. This Act helps people by making rules for agents. You might wonder how it does this. It regulates the people who work in real estate. This means it sets rules for agents, branch managers, and salespersons. It also tries to make the industry better by raising standards. The Act also makes sure people are accountable for their actions. This means if someone does something wrong, there is a process to deal with it. This process is independent, transparent, and effective, which means it is fair and works well.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1151900.
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1: Title, or
"This law is about real estate agents in New Zealand."
The Parliamentary Counsel Office has made editorial and format changes to this version using the powers under subpart 2 of Part 3 of the Legislation Act 2019.
Note 4 at the end of this version provides a list of the amendments included in it.
This Act is administered by the Ministry of Justice.
