Sustainability Declaration

Sustainability Declaration legislation leads to confusion
Posted on Friday, January 15 2010 at 5:53 PM

Around 70 per cent of real estate agents are either not fully compliant or have made no effort to comply with Queensland’s new Sustainability Declaration legislation, according to recent research.

Wade Short of Sustainability Disclosure Services says the new legislation, which came into effect two weeks ago, has industry stakeholders confused about their obligations.

“Our office receives over 20 telephone calls per day from real estate agents asking for clarification of what their responsibilities are, yet our business is primarily based on offering a service to complete the declarations on behalf of vendors and although happy to help, this should be the responsibility of the department,” he says.

According to Short, the problem began in late December when the Minister delayed the issuing of on the spot fines, which has led some to believe that compliance isn’t necessary until March 1, which isn’t the case.

sourced from Australian Property Investor

http://www.apimagazine.com.au/api-online/news/2010/01/sustainability-declaration-legislation-leads-to-confusion