Source: 6th December 2018 AICWA e-Newsletter
ARNECC MOR/MPR Version 5.1
The AICWA is pleased to again had the opportunity as a key industry stakeholder to make a submission on behalf of its members regarding the draft versions of the MPR and MOR.
The revised drafts raise some significant concerns in particular Rules 5.6 to 5.6.5 which limits ARNECC’s ability to regulate the behaviours of an ELNO that may have significant advantage from being the only platform or having derived significant market share from having benefited from various state mandates.
Draft Rule 5.6 through to 5.6.5 in their current state significantly reduce the ability of ARNECC to serve as regulator and establish any confidence that potential abuses will be unavoidable or managed appropriately.
The contents of the consultation drafts along with concerns previously noted by the AICWA highlight the immaturity of the current regulatory framework specifically, the MPR, MOR and the Electronic Conveyancing National Law (ECNL).
Read AICWA’s submission HERE
Source:3rd October 2018 AICWA e-Newsletter
AICWA Member Benefit
The Moving Man and AICWA are teaming up to provide your clients with an outstanding offer.
Moving Man are able to offer a 10% discount to your clients on a pre-pack and relocation service* of household goods. *Minimum conditions apply.
Refer to the offer HERE.
Moving Man is happy to attend to any of your members queries regarding their company and services.
Alternatively, members can check our credibility by referring to their 5 star rating on 'Product Review' HERE.
Source:13th July 2018 AICWA e-Newsletter
A review of the latest licensing information for WA settlement agents reveals that in the last 12 months there has been a slight decline over most categories. Given market conditions, natural attrition as well as unprecedented change it’s not surprising the total number of licences held in WA is down from 574 in 2017 to 554 in 2018.
REIWA are updating their 2011 Standard General Conditions that accompany their Offer and Acceptance Contracts. As of 13/2/18 we are advised the New 2018 Joint Form of General Conditions will be made available from their REIWA office or by license from PrintForce.
REIWA are offering courses for the Real Estate industry to update themselves on the changes; Understand how the changes to JFGC will impact the following:
AICWA are offering an update to industry here;
JFGC’s Info Session
An Evening With Matthew Ellis
With the anticipated amendments to the Joint Form of General Conditions, AICWA have teamed with our very special sponsor and respected lawyer Mr Matthew Ellis – Director MGB Legal.
Matthew will discuss the relevant changes and how they apply to your clients and to you.
Date: 20th February, arrive 6pm, start 6:30 finish 8:30pm (included is a 30min Q&A)
Where: Technology Park - 2 Brodie-Hall Dr, Bentley
Cost: FREE for AICWA members and staff. Please register: HERE or email us at email@example.com
Non-member cost $50 per person. Registration via the AICWA website HERE
Light refreshments available on arrival.
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