Article: NEW ZEALAND: REAL ESTATE AGENTS BILL PASSES INTO LAW

The government of New Zealand issued the following news release:

The government has delivered on its promise to protect New Zealanders who are buying or selling their property, with the passing of the much anticipated Real Estate Agents Bill by Parliament today. This Bill brings accountability, transparency, independence and openness to the real estate sector.

Associate Justice Minister Clayton Cosgrove said this important consumer protection legislation means that for the first time kiwi consumers will get a fair go if they feel they have been ripped off when buying or selling what is usually their biggest asset - their home. He said the new law will also support good honest real estate ...

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