LAND AGENTS LICENSES.

Auckland Star, Volume XLV, Issue 155, 1 July 1914, Page 8

LAND AGENTS LICENSES.

—" — »■' — I FURTHER PROVISIONS. 'By Telesraph.-r.arliamentary Reporter.) WELLINGTON, this day. The Land A gents . A ,. u passpd . ,',„., of aTnt 6 and licensing of agents ls to be amended to a fairly considerable extent by the bill _ roduced by the H0,,, „." D . 8011 . -™™ terations are apparently all in the direction of improving the working of the Act. Licenses current are not to expire: wi'U he end of the year, but will be 'on-1 to March 31st, coincident with the! end of the financial year. The procedure, for renewals is great ly simplified. Ob-i eet.ons to an applicant for a license ore 1 to be heard by a stipendiary magistrate, j ii, v ' I> rovit h-'s that'no objection: „ t i Va! ' d un,rss t,lc fo "nders thereof alloc, the character nr conduct or finiineial position of the applicant. The definition of land'agent is extend-d ' to cover anyone concerned in negotiating! exchanges n f ] a!1( i on commission. No person who is unlicensed will be entitl"d| to sue for recovery of commission or other remuneration'upon land tmnsae-j tions. and the bill also seeks to bur en action unless the plaintiff has written, authority to act as agent. ! The £.-,00 fidelity bond which licensed agents must provide ni.iv be applied in indemnifying any client'nr customer of the land agent or any other person in respect of any defaults or omission of, the land agent.