Should Australian real estate agents make sure a buyer is FIRB-approved? The answer is no, reports Real Estate Business (10 April 2015). According to Australian law , there is no obligation for an agent or anyone else to check if a buyer is legitimately entitled to purchase any given property as there is no mechanism for an agent to check a buyer’s nationality, writes Andrew Taylor, Co-CEO of Juwai.com. To summarize, agents should encourage buyers to seek FIRB approval, but are not required to obtain proof they have done so.
