Brisbane unlicensed agent ordered to pay $134,000

Brisbane unlicensed agent ordered to pay $134,000
Brisbane unlicensed agent ordered to pay $134,000

The Queensland Office of Fair Trading has ordered an unlicensed Brisbane real estate agent to pay more than $134,000 in fines and compensations.

Despite being unlicensed since 2004, Alisa Phyllis Davies of Arana Hills continued to operate her agency, Jenas Realty Pty Ltd. Davis was fined $6,000 after pleading guilty to one count of acting unlicensed as a real estate agent.

As the sole director of Jenas Realty, she was found guilty of misappropriating trust money and was fined a further $70,000. The business was also fined $50,000 for operating unlicensed and claiming it held a current real estate agent license.

The court heard that the business made a false representation that it had a valid real estate license by sending clients messages with its expired license number.

Davies was also ordered to pay $8,400 in compensation, after receiving rent from a tenant in 2012 and 2013 but failing to pass the $8,400 sum along to the landlord.

All real estate agents are required to hold a valid license under the Property Agents and Motor Dealers Act 2000. Agents must complete training requirements and pass suitability checks to qualify for a license.

Property News

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