Business Agent's Licence - Northern Territory

Description

This licence is required in order to carry on business as a Business Agent.

A business agent acts as an agent in respect of:
(i) the sale, purchase, exchange, leasing or letting or other dealings with, or
(ii) negotiations for the sale, purchase, exchange, leasing, letting or other dealings with, or the disposition of,
a business or any share or interest in a business, or the goodwill in, or stock-in-trade of, a business.

Applicants may be an individual, company or firm. If the applicant is a company or firm then at least one individual must hold an equivalent licence.

Service type

Licence

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

Eligibility requirements

Applicants must be over 18, a fit and proper person, hold prescribed educational qualifications and be competent to carry on business on their own account, and will carry on business in the Territory.

Duration

1, 3 or 5 years.

Fees

619 Revenue Units per year.
If combination Real Estate/Business Agents Licence the fee is 715 Revenue Units for both.

In 2017/18 - 1 Revenue Unit is equivalent to $1.15.

Cash, cheque, EFTPOS, Credit Card.

Act(s) name

Agents Licensing Act 1979 NT

Additional information

New competency-based training course yet to be approved. Former qualification, Certificate IV in Real Estate accepted in interim.

Administering agency

Property Agents Licensing

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Territory Business Centre, Darwin

Operating address: Ground Floor, Building 3, Darwin Corporate Park
631 Stuart Highway
Berrimah NT 0828
Mailing address: GPO Box 9800
Darwin NT 0801
Toll Free: 1800193111
Phone: 0889821700
Fax: 0889821725
Email: territory.businesscentre@nt.gov.au
Website: http://www.nt.gov.au/business (Opens in new window)