Settlement industry

Licensing and legislation information for settlement agents

Please note: From 1 July 2011 responsibility for the regulation of the settlement industry in Western Australia was transferred from the Settlement Agents Supervisory Board (the Board) to the Department of Commerce (the Department) and the Commissioner for Consumer Protection (the Commissioner). Further information is available from the Boards and committees webpage.

Other information

You can search for information on Licensed Agents and Sales Representatives here.

New rules for agents to combat real estate fraud

Amendments to the Settlement Agents Code of Conduct 1982 requiring mandatory identification checks by agents of all people wishing to sell their property will take effect from 1 November 2011. These changes are being implemented to better protect WA property owners following the fraudulent sale of two Perth properties in the last thirteen months.

The below Guidance Notes have been developed to assist agents in their compliance with the amended Code of Conduct.

Guidance Notes: Code of Conduct for Settlement Agents:Client Identification Verification and real estate fraud prevention
To view the amended Code of Conduct click here.
A schedule detailing the documents from which the 100 point identity check may be undertaken can be viewed here.
These changes were gazetted 21 October 2011 and can be down loaded from the State Law Publisher.