Declaring a personal interest

Under the Estate Agents Act 1979 (the law), if you or a connected person has any personal interest in a transaction, you must reveal this promptly and in writing, if you:

• have an existing personal interest. You must declare this before you begin negotiations
• plan to acquire an interest in your client's property
• are selling your property to the client.

You must not ask for or receive a deposit for the sale of a property in which you have a personal interest.

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