Grounds for requiring transfer | Section 138

The body corporate may require the transfer of the letting agent’s management rights under this division based on either of the following grounds—

(a)the letting agent failed to comply with a code contravention notice;

(b)the body corporate reasonably believes the letting agent, after being given the notice, contravened a provision of the code of conduct for—

(i)letting agents; or

(ii)body corporate managers and caretaking service contractors.

Note—

See schedule 2 for the code of conduct for body corporate managers and caretaking service contractors and schedule 3 for the code of conduct for letting agents.