Corporation Licence (For Corporations Acting as, or Carrying on Business as a Real Estate Agent, Business Agent, Stock and Station Agent, Strata Managing Agent or On-site Residential Property Manager) - New South Wales

Service summary

You will require this licence if you want to operate a corporation that carries on the business of either a real estate agent, business agent, stock and station agent, strata / community managing agent or on-site residential property manager.

  • A real estate agent undertakes activities such as the auctioning, selling or leasing of land or property, collecting rent from leased properties and managing leased properties.
  • A business agent undertakes activities such as selling, buying or exchanging or otherwise dealing with or disposing of businesses or professional practices or any share or interest in or concerning or the goodwill of or any stocks.
  • An on-site property manager undertakes activities such as collecting bonds, rent for leased or rented properties.
  • A stock and station manager undertakes activities such as the auctioning of rural land or stock.
  • A strata managing agent undertakes activities in relation to an owners corporation of a strata scheme.
  • A community managing agent undertake activities in relation to a community land scheme, such as maintenance and repairs.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To be eligible for this licence:

  • The director and secretary of the corporation must be considered fit and proper person for the purposes of the licence;
  • No director or executive officer may be a disqualified person (as defined under the Act);
  • At least one of the directors must hold a personal licence for the industry sector in which the corporation intends to operate in;
  • Relevant contributions must be paid to the Property Services Compensation Fund; and the
  • The place of business must be in New South Wales or within 50km of the New South Wales border if you hold an equivalent interstate licence at that interstate address.

Please consult directly with the Agency for details specific to the operation of your business.

Duration

One year.

Expiry

Expires one year from the date of issue.

Fees

 TypeAmountDescription
ApplyApplication$520.00
RenewRenewal$376.00Renewal of licence.
Renewal$449.00Restoration of licence.
GeneralDuplicate Certificate$46.00

Application

Apply

Your completed application must be accompanied by the specified fees. Please view the application form for details.


Lodgement

Apply

Please refer to the application form for lodgement details.


Approval time

Six weeks.

Administering agency

Department of Finance, Services and Innovation
NSW Fair Trading

Act(s) name

Property, Stock and Business Agents Act 2002 (New South Wales)

Regulation(s) name

Property, Stock and Business Agents Regulation 2014 (New South Wales)

Contact details

Licensing Officer, Property Licensing
Department of Finance, Services and Innovation
NSW Fair Trading

Mailing address:
Locked Bag 5104
Parramatta
New South Wales 2124

Phone:

02 9619 8799

Phone:

13 32 20

Supporting information

Disclaimer

The information contained on the Australian Business Licence and Information Service (ABLIS) web site, or via packages or other sources is intended for general guidance only.

To the full extent permitted by law, the Federal, State, Territory and Local Governments make no representations or warranties (expressed or implied) in relation to the information, including its accuracy, currency or completeness.

The business information provided does not constitute professional or legal advice, nor is the use of any third party resource an endorsement of the information contained, the associated organisation, product or service. It is recommended that you obtain appropriate professional and /or independent legal advice to ensure that the material provided here is relevant to your particular circumstances.

To the full extent permitted by law the Federal, State, Territory and Local Governments, their employees and agents do not accept any liability for any reason, including without limitation, liability in negligence, to any person for the general information which is provided herein, or in respect of anything, including the consequences of anything done, or not done, by any such person in whole or partial reliance upon the information.