Access and Interpret Ethical Practice in Real Estate - Part 1

Write a short description of the unethical practice that has occurred.

EBP an employee of trust paid $13,830 in 15 trust-to-personnel account transfers of between $70 and $80 over the duration of a two-month period in 2017. The trust accounts of the company found transactions and after about six weeks of its final transactions, it was informed and terminated of EBP and $20,956.82 were also sent to the trust account of the company.

Now, EBP disputes his wrong doing and seeks to blame others for stealing funds from the trust account of your company unlawfully. Your comment on this should be refused for these reasons. You have made this previous explanation that you made an error because of working tension because you don't justify your conduct satisfactorily but instead, attempt to blame your employers. your behaviours are still accountable.

Access and Interpret Ethical Practice in Real Estate - Part 2

Refer to the information in the learner guide regarding consumer protection and in 100 – 200 words provide an explanation of how the unethical practice relates to consumer protection requirements relevant to this consumer protection legislation.

Australia 's Consumer Legislation defends consumers from unequal treatment by restricting consumer complaints from being induced by anti-competitive and banned habits. Law violation. Law violation. False conduct is trickery. The legislation needs retailers to be more educated than their customers about their goods or service. Any financial or incentives to the agent, such as a gift or consideration offered or promised by or pledged by a third party (for example by a buyer), that may induce the agent in the best interests of the seller is a confidential fee.

Selling a recommendation involves offering a coupon, fee or any other profit in exchange for the client, offering the company (or person) with prospective customers' names or assisting the company with other customers' products or services. Competition and consumer legislation as well as fair trade law prohibit this.

Access and Interpret Ethical Practice in Real Estate - Part 3

Refer to the relevant legislation and industry standards of conduct in your state/territory then provide an explanation of real estate ethical standards and codes of conduct or codes of practice that are relevant to this prosecution case, including those that could have been applied and would demonstrate ethical practice.

Ethics Any good collegium text on business ethics gives a definition any system of guidelines for the proper conduct towards others, which is intended to comply with certain rules. The rules based ethics system emphasizes guidelines such as "always tell the truth" or "never steal". The result oriented moral system emphasizes this "getting more good for many" or instructions: Act as you propose only when the world improves your situation by everyone else. You propose it Are. In difficult circumstances, different moral systems may condemn a specific action as being moral or immoral, especially in relation to different groups. Duty, negligence and under torture law, real estate agents have a duty of care to their clients and customers. Customers are consumers who have contracted with the agent. Customers are consumers who have not entered into a written contract with the agent. Concludes contracts with clients. Professional negligence property professionals are judged by standards of professional practice. In the real estate sector, these rules and codes of conduct of various states and territories and codes of industry ethics (eg, ethics to REIA E).

Access and Interpret Ethical Practice in Real Estate - Part 4

Discuss the options available to respond to a discrepancy between unethical practice and ethical practice standards. In your answer refer include sources of specialist advice.

Based on findings and evidence I am agreed that EBP has breached a variety of provisions of the Act, based on my observations and assumptions. I was agreed to the transfer of money from the trust account of the corporation without authorization to his personal account by EBP in contravention of s 86 of the Act. He also makes his personal purchases for his numerous personal effects in contravention of s 211. I also assume that, in contravening the Act' s 191(1)(a) and (c), EBP is the reason for disqualification because, after having transferred all blame to his employer, he first committed fraud against a corporation

Case Examples

The commissioner referred to several cases through the tribunal, stating that insufficient time had elapsed since the crime under consideration, so that the crime was ignored. Hunt Commissioner for Trade Parveen v Commissioner for Fair Trading [2005] NSWD 34 Mr. Parveen was convicted of various driving offenses, including misrepresentation and disqualification. Although the crime involved dishonesty, the property was unrelated to immovable property. The tribunal said the offenses should not be ignored and Mr Parveen should not be allowed to resume his licensed work for four years. Similarly, in Songwich Commissioner for Fair Trading NSW Office Fair Trading [2006] NSWADT 218, two years was insufficient period for conviction on the charge of theft of goods on suspicion of detention.

Remember, at the center of any academic work, lies clarity and evidence. Should you need further assistance, do look up to our Accounting and Finance Assignment Help

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