NZQA registered unit standard 23136 version 3 Page 1 of 4 Title Demonstrate knowledge of misleading and deceptive conduct and misrepresentation for real estate practice Level 4 Purpose Credits 4 This unit standard is for people preparing for entry into, or who are currently working in, the real estate industry as salespersons. People credited with this unit standard are able to: – explain the legal concepts and the implications of misleading and deceptive conduct, and false representation in terms of the Fair Trading Act 1986 as applied to real estate practice; – explain the implications of the Fair Trading Act 1986 in terms of unfair practice; – explain the legal provisions of the Health and Safety in Employment Act 1992 as applied to real estate practice; and – explain the legal concept and the implications of misrepresentation in terms of the Contractual Remedies Act 1979 as applied to real estate practice. Classification Real Estate > Real Estate Practice and Law Available grade Achieved Explanatory notes 1 ETITO has common assessment material available to use for organisations with consent to assess against Real Estate unit standards contained in the National Certificate in Real Estate (Salesperson) (Level 4) [Ref: 1543]. The use of this assessment material is encouraged to eliminate the need for pre-assessment moderation of assessment material. The organisation with consent to assess is charged for the use of this material. ElectroTechnology Industry Training Organisation SSB Code 100401 New Zealand Qualifications Authority 2016 NZQA registered unit standard 23136 version 3 Page 2 of 4 2 References Consumer Guarantees Act 1993; Contracts (Privity) Act 1982; Contractual Mistakes Act 1977; Contractual Remedies Act 1979; Fair Trading Act 1986; Health and Safety in Employment Act 1992; Historic Places Act 1993; Human Rights Act 1993; Overseas Investment Act 2005; Overseas Investment Regulations 2005; Privacy Act 1993; Real Estate Agents Act 2008; Resource Management Act 1991; Residential Tenancies Act 1986; Unit Titles Act 2010; and all subsequent amendments and replacements. 3 Definitions Client means the person on whose behalf an agent carries out real estate agency work and is commonly known in the industry as a vendor or seller. Common Law is also known as case law – judgements made by courts, rather than laws written by parliament. Judgements relating to the duties of an ‘agent’ may be applicable to this unit standard. Customer means a person who is a buyer or potential buyer of land or a business and is commonly known in the industry as purchaser or buyer. Code means the Real Estate Agents Act (Professional Conduct and Client Care) Rules 2009, which set out the code of professional conduct and client care, available from http://www.reaa.govt.nz. 4 Assessment This unit standard must be assessed on the basis of evidence of demonstrated performance in the workplace or in simulated work situations designed to draw upon similar performance to that required in the workplace. Outcomes and evidence requirements Outcome 1 Explain the legal concepts and the implications of misleading and deceptive conduct, and false representation in terms of real estate practice. Evidence requirements 1.1 Misleading and deceptive conduct is explained in terms of the Fair Trading Act 1986 and the Code. 1.2 False representation is explained in terms of the Fair Trading Act 1986 and the Code. 1.3 Penalties for breaches of the Fair Trading Act 1986 are explained as applied to Misleading and deceptive conduct and false representation. ElectroTechnology Industry Training Organisation SSB Code 100401 New Zealand Qualifications Authority 2016 NZQA registered unit standard 23136 version 3 Page 3 of 4 Outcome 2 Explain the implications of the Fair Trading Act 1986 in terms of unfair practice. Evidence requirements 2.1 Implications of misleading and deceptive conduct or false representations in advice or information offered to clients and customers are explained in terms of the Fair Trading Act 1986 and the Code. 2.2 Implications of misleading and deceptive conduct or false representations in real estate advertisements relating to land, property, or businesses are explained in terms of the Fair Trading Act 1986 and the Code. Outcome 3 Explain the legal provisions of the Health and Safety in Employment Act 1992 as applied to real estate practice. Evidence requirements 3.1 Risks and implications for the salesperson under the Health and Safety in Employment Act 1992, and the Code are explained. Range may include but is not limited to open homes, showing of any property to customers, use of vehicle. Outcome 4 Explain the legal concept and the implications of misrepresentation as it applies to the Contractual Remedies Act 1979 in terms of real estate practice. Evidence requirements 4.1 Implications of misrepresentation in advice, advertisements, or information offered to real estate clients and customers are explained in terms of the Contractual Remedies Act 1979. Range 4.2 includes implications for businesses and real estate sales (all sectors), letting and leasing. Remedies available under the Contractual Remedies Act 1979 for misrepresentation in advice, advertisements, or information offered is explained in accordance with the legislative requirements. Replacement information This unit standard, unit standard 23135, and unit standard 23141 replaced unit standard 4654 and unit standard 4665. ElectroTechnology Industry Training Organisation SSB Code 100401 New Zealand Qualifications Authority 2016 NZQA registered unit standard Planned review date 23136 version 3 Page 4 of 4 31 December 2015 Status information and last date for assessment for superseded versions Process Version Date Last Date for Assessment Registration 1 18 December 2006 31 December 2012 Review 2 12 February 2010 31 December 2013 Rollover and Revision 3 16 August 2012 N/A Consent and Moderation Requirements (CMR) reference 0003 This CMR can be accessed at http://www.nzqa.govt.nz/framework/search/index.do. Please note Providers must be granted consent to assess against standards (accredited) by NZQA, before they can report credits from assessment against unit standards or deliver courses of study leading to that assessment. Industry Training Organisations must be granted consent to assess against standards by NZQA before they can register credits from assessment against unit standards. Providers and Industry Training Organisations, which have been granted consent and which are assessing against unit standards must engage with the moderation system that applies to those standards. Requirements for consent to assess and an outline of the moderation system that applies to this standard are outlined in the Consent and Moderation Requirements (CMR). The CMR also includes useful information about special requirements for organisations wishing to develop education and training programmes, such as minimum qualifications for tutors and assessors, and special resource requirements. Comments on this unit standard Please contact the ElectroTechnology Industry Training Organisation at reviewcomments@etito.co.nz if you wish to suggest changes to the content of this unit standard. ElectroTechnology Industry Training Organisation SSB Code 100401 New Zealand Qualifications Authority 2016