In the realm of real estate agency businesses, various roles exist, each carrying different regulatory requirements under the Property and Stock Agents Act 2002.
While some roles may not necessitate a license or certificate of registration, it’s crucial to understand the distinctions.
Certain administrative roles within agencies often do not require a license or certificate under the Act. For instance, individuals engaged in administrative support tasks that aid licensed agents or certificate holders typically fall into this category. While the law doesn’t specify all exempt functions, it primarily focuses on regulating specific functions outlined in the Act.
Let’s take a look at some practical examples to better illustrate these concepts:
Example 1: Administrative Support
Andre operates a property management agency where casual employees assist with administrative tasks, such as sending work orders to contractors and managing tenant details. These employees do not require a certificate of registration or license for their duties, but authorization for certain actions must come from a licensed agent.
