REIQ update from the CEO: 1st June 2022

With new rental reform laws coming into effect on 1 October 2022, the REIQ is once again hitting the road across Queensland to provide comprehensive and practical training on the changes. From new requirements for pet approvals to the way tenancies are ended plus provisions against retaliatory actions and much more, our Rental Reforms Roadshow will provide property managers and other real estate professionals with all the information they need to prepare for the changes. Make sure you join us at your local event.

Real estate advertising can sometimes be fraught with traps. Whether you're promoting properties for sale or rent, agents can sometimes unexpectedly find themselves at the receiving end of an accusation of bait advertising or misleading and deceptive conduct. To make sure you don't get into trouble when it comes to advertising, join our webinar next Wednesday 8 June as Carter Newell Lawyers Partner Michael Gapes outlines the dos and don'ts of advertising, complete with case studies. This webinar is free for REIQ members.

Lastly, in this edition of the Journal, Fair Trading Commissioner Victoria Thomson pens a fascinating and sobering article about real estate and money laundering. She quotes officials who say the laundering of illegal funds through real estate is a well-established practice in Australia and is likely to continue. Criminals see real estate as a relatively simple and uncomplicated process compared to other methods of money laundering. Find out more about this topic and what you should be aware of here.

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