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Glossary
Here are some of the most common terms you’ll come across while holding a licence.
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Sharing website information
We've added a print button to all pages on rea.govt.nz and settled.govt.nz. Now it's easy to print the pages for your reference or to pass on to clients. It also means we no longer need information sheets, so we're removing these. You can find the content that used to be on information sheets on the websites themselves. Printing is best if you use a Chrome browser, not Internet Explorer.
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Industry engagement
REA collects and acts on feedback we receive from licensees through a number of channels. Here are some of the ways we engage with the real estate industry to ensure that every licensee has the opportunity to influence the work we do.
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Conflict of interest
This page outlines your obligations when you, or someone connected to you personally or professionally, has an interest in the property or business being sold or wants to buy it.
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Industry newsletters
REA sends out industry newsletters which contain important news and updates that licensees need to know about.
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Property inspection reports
Understand your obligations to vendors and buyers around property inspections reports.
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It’s a wrap: reviewing the last year of REA complaints
The number of formal complaints REA received decreased again in 2019/20. For the year 1 July 2019 to 30 June 2020, REA received 286 complaints — down from 296 the previous year. This page was published on 10 August 2020.
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What to do when a vendor doesn’t want to disclose issues about their property
REA research adds insight into why some vendors may choose not to reveal key issues with a property.
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Real Estate Authority Urges Buyers and Sellers To Be Equipped With Information As Market Activity Begins To Lift
31 January 2024
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Sale and purchase agreement guidance
This section provides guidance that covers some of the most common topics surrounding sale and purchase agreements to assist you in meeting your obligations under the Act and the Rules.
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