New guidelines for selling asbestos affected homes

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SIMON Corbell has announced the release of new guidelines for real estate agents trying to sell Mr Fluffy asbestos houses.

“This guidance material is the first part of a range of measures which will assist those in the real estate sector, as well as homeowners, buyers and other stakeholders to manage the risks associated with asbestos,” Simon said.

“Real estate agents have a number of legal obligations across a variety of legislation. With an issue as complex as asbestos, it is understandable that these obligations may become confusing.

“This guidance material covers the relevant requirements, as well as general asbestos management, duty of disclosure, documentation and background information to ensure a clear and consistent approach can be taken.”

The guidance material has been developed by the ACT Office of Regulatory Services in consultation with the Real Estate Institute of the ACT and includes information on homes with remnant loose­fill asbestos insulation, also known as ‘Mr Fluffy’ asbestos

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