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CPPDSM4022A: Sell and Finalise the Sale of Property by Private Treaty
Answered

Question 1.Describe the requirements in your state regarding gaining access to a rental property to sell it by private treaty and how you would take these requirements into account when marketing and selling the property.
Question 2.Explain the legislative requirements/procedures for agents handling the making an offer to a seller, including
(i)the documentation of the offer.
(ii)handling multiple offers
(iii)The receipt, holding and payment of money paid as a deposit on the purchase of property
Question 3.Explain the prescribed documentation and procedures in your individual State/Territory Legislation relating to real estate contracts, particularly with regards to regards to the validity of the contract, any disclosures to be made to consumers before a contract can be enforced, and applicable cooling off period.
Question 4.Explain your state’s legislative requirements regarding:
(i)beneficial interest
(ii)disclosure of conflicts of interest
Question 5.Explain how the trust account ledger entry should identify the break-up of payments with respect to the sale of the property by private treaty.  

Answer

The selling of a rental property in the State of New South Wales are dealt by the Real Property Act of 1900. The primary challenges of renting a property are to know whether any landlord wants to sell the property or any other person wants to sell his renting property. In any case, if any person is in love with any property and did not want to sell any property then it must be taken into consideration that the rights of that person are addressed respectfully and legally. In the case if there is the presence of any agreement that stipulates the fixed term of stay of any tenant, then no landlord can make any tenant leave from his tenant. Any tenant has the right to stay on the premises of any landlord unless the ending of the term of the period stipulated in the fixed agreement and the new owner becomes the landlord (Lee et al., 2015). 
In case, any tenant wants to vacate the premises, and it is

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