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Real Estate Agents Act 2008

Real Estate Agents Authority - Powers of intervention

26: Power to take possession of documents

You could also call this:

"The Authority can ask for documents if they think a real estate agent has done something wrong."

Illustration for Real Estate Agents Act 2008

You can be asked to give documents to the Authority. The Authority can ask for documents if they think an agent has done something wrong, as stated in section 25. The Authority wants documents that belong to the agent or are used in the agent's business.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1358215.

Topics:
Money and consumer rights > Consumer protectionBusiness > Industry rulesHousing and property > Buying and selling homes
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25: Grounds for intervention, or

"When can action be taken against a real estate agent?"

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27: Administration of trust account in certain cases, or

"Someone else manages your trust account if the Authority thinks it's necessary."

Part 2Real Estate Agents Authority
Powers of intervention

26Power to take possession of documents

  1. In this section, documents includes financial records and deeds.

  2. If the Authority is satisfied that 1 or more of the grounds specified in section 25 apply to an agent, the Authority may, if in its opinion it is appropriate to do so, by notice, require any person to give the Authority possession of any documents that—

  3. belong to the agent; or
    1. in the course of the agent's business, are, or have been, in the possession or control of—
      1. the agent; or
        1. if the agent is a company, any officer, employee, or person acting on behalf of the company.

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