The CPP41419 Certificate IV in Real Estate Practice compulsory qualification requirement only applies to property representatives who have not been previously licensed before 1 August 2021 or have been unlicensed for a period of over two years.
The Property Agents Board (the Board), is the statutory authority responsible for property agents in Tasmania. Amongst other things, the functions of the Board are:
The Board has determined that property representatives who are granted a licence on or after 1 August 2021 must complete the CPP41419 Certificate IV in Real Estate Practice and it will be shown as a condition on their licence.
The property representative will have not less than 3 years to complete the qualification.
The condition will be implemented in two distinct phases. That is, the licence holder will be required to successfully complete the 5 core units within one specified time period and then the remaining units within another specified time period. The timeframes in which the person will be required to complete the two phases will depend on when the licence is granted. The 5 core units will be required to be completed in no less than a 12-month period and the remaining units within a period of no less than a 24-month period.
The condition on the licence will clearly set out the requirements for that licence holder.
The condition will be placed on a property representative’s licence at the time the licence is granted. The timeframe for completion will depend on when in the licence year the licence is granted.
CPD conditions are designed to be completed by the end of the licence year (30 June).
Therefore, if the licence was granted on 1 November 2021 the CPD condition would be:
The holder of this licence is required to successfully complete the 5 core units of CPP41419 Certificate IV in Real Estate Practice by 30 June 2023.
The core units are
CPPREP4001 Prepare for professional practice in real estate;
CPPREP4002 Access and interpret ethical practice in real estate;
CPPREP4003 Access and interpret legislation in real estate;
CPPREP4004 Establish marketing and communication profiles in real estate;
CPPREP4005 Prepare to work with real estate trust accounts.
Given the commitment and cost of these units, the Board determined that this CPD would satisfy the CPD requirements for up to 24 months after completion.
The Board decided to make the CPP41419 Certificate IV in Real Estate Practice a compulsory requirement as this qualification requires a demonstrated competency component. As such, it requires a property representative to apply knowledge of real estate practice, legal, agency and compliance requirements, ethical standards and consumer preferences to conduct real estate functions which will enhance their skills and services to their employer and also to clients and customers.
- to ensure acceptable standards of practice by property agents, and
- to regulate property agents and certain auction and real estate practices.
The Board has determined that property representatives who are granted a licence on or after 1 August 2021 must complete the CPP41419 Certificate IV in Real Estate Practice and it will be shown as a condition on their licence.
The property representative will have not less than 3 years to complete the qualification.
The condition will be implemented in two distinct phases. That is, the licence holder will be required to successfully complete the 5 core units within one specified time period and then the remaining units within another specified time period. The timeframes in which the person will be required to complete the two phases will depend on when the licence is granted. The 5 core units will be required to be completed in no less than a 12-month period and the remaining units within a period of no less than a 24-month period.
The condition on the licence will clearly set out the requirements for that licence holder.
The condition will be placed on a property representative’s licence at the time the licence is granted. The timeframe for completion will depend on when in the licence year the licence is granted.
CPD conditions are designed to be completed by the end of the licence year (30 June).
Therefore, if the licence was granted on 1 November 2021 the CPD condition would be:
The holder of this licence is required to successfully complete the 5 core units of CPP41419 Certificate IV in Real Estate Practice by 30 June 2023.
The core units are
CPPREP4001 Prepare for professional practice in real estate;
CPPREP4002 Access and interpret ethical practice in real estate;
CPPREP4003 Access and interpret legislation in real estate;
CPPREP4004 Establish marketing and communication profiles in real estate;
CPPREP4005 Prepare to work with real estate trust accounts.
Given the commitment and cost of these units, the Board determined that this CPD would satisfy the CPD requirements for up to 24 months after completion.
The Board decided to make the CPP41419 Certificate IV in Real Estate Practice a compulsory requirement as this qualification requires a demonstrated competency component. As such, it requires a property representative to apply knowledge of real estate practice, legal, agency and compliance requirements, ethical standards and consumer preferences to conduct real estate functions which will enhance their skills and services to their employer and also to clients and customers.