Property Services (Regulation) Act 2011


Retention of records where sale of land other than by auction.

61.— Without prejudice to the generality of regulations made under section 46, where land is offered for sale, other than by auction, by a licensee who is a property services employer or an independent contractor (including, in the case of a property services employer, the provision of such offer by a principal officer or employee of the property services employer) the licensee shall retain a record in the specified form for a period of not less than 6 years, of all offers received by the licensee, including conditional acceptances, in respect of the sale.