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NSW: Q&A What is a real estate agent’s role if they manage a strata lot?

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This article answers the question – What are the legal implications of a real estate agent in strata?

Question: What are the legal implications of a real estate agent in strata? What are the OC’s responsibilities if the real estate agent manages a lot?

We are a small self managed strata of 3 townhouses. I am the secretary of our committee. A real estate manages one of the townhouses for the lot owner.

What are the legal implications of a real estate agent in strata? What is the role of a real estate agent if they manage a lot, and what are the owners corporation’s responsibilities to them? The other two townhouses are owner occupied. The real estate manager is making demands on behalf of the tenants and asking about our strata business. Should the real estate be doing this? Is this part of their role?

Answer: There are some limitations.

A real estate agent can be appointed to represent an owner regarding the management of the lease, or the owner might have them represent them in the overall management of the asset. I’ve seen real estate agents agree to act as proxies for owners and attend meetings for them. However, the law does preclude the real estate agent from being nominated for the strata committee, so there are some limitations.

Tim Sara
Strata Choice
E: tsara@stratachoice.com.au
P: 1300 322 213

This post appears in Strata News #725.

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About Tim Sara, Strata Choice

Tim Sara is an Associate Director of Strata Choice, commencing his career in strata management in 2009. Tim has served on the Strata Community Association (NSW) Young Strata Network Committee and currently the Education Committee. He was a finalist in the 2020 Senior Strata Manager of the Year Award and featured on strata management podcasts, industry panels and webinars.

In his role at Strata Choice, Tim enjoys training and educating the next generation of strata managers, and being involved in some of Sydney’s most complex community arrangements.

Tim is a regular contributor to LookUpStrata. You can take a look at Tim’s articles here .

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