Company operated without licence fined

Company operated without licence fined

Massland Asset Management Pty Ltd had applied for a licence in 2013 and 2014. In both instances, the Commissioner for Consumer Protection requested further information to complete the process. The company failed to respond.

Despite not obtaining a licence and triennial certificate, the company managed seven residential properties around Perth, including one at Baldivis and three in Rockingham.

The owners of the properties reported issues with the management service, including unpaid Water Corporation bills.

The sole director of the company Mark John Rolton was based in the eastern States.

A Consumer Protection spokesman said Mr Rolton should have been aware that the company needed a licence to operate as a real estate agent conducting property management functions in WA, given the licence applications that were submitted.

Following the conclusion of the prosecution proceedings against the company, Mr Rolton applied for the company to be deregistered and is no longer operating in WA.

Massland Asset Management was fined $5000 in Perth Magistrates Court on March 4. The company was also ordered to pay $1000 in costs.

Consumer Protection Commissioner David Hillyard said real estate agents must be licensed in each jurisdiction in which they operated.

“Property is a substantial investment and people place a lot of trust in real estate agents and property managers to do their job properly.

“Licensing ensures the agent and manager are fit and proper to carry out the duties they are hired for,” Mr Hillyard said.

Visit www.commerce.wa.|gov.au/cp/realestate.