Disclosure of beneficial interest to seller

Real property auctioneers with a beneficial interest in the sale must give the seller a completed Disclosure of beneficial interest form (Form 7).

This is a requirement of the Property Occupations Act 2014.

No fees apply

Disclosure of interest to potential buyer

Real property auctioneers must show a potential buyer the Disclosure to potential buyer form (Form 8) to disclose their interests, including:

• a relationship with any third party you've referred the buyer to
• any commission you get from or pay to that third party
• your interests in the property (if you're a property developer).

Penalties apply if you fail to disclose your interest.

This is a requirement of the Property Occupations Act 2014.

No fees apply

More information

Read more about disclosing your interest in property auction transactions.