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Statement of InformationMultiple residential properties located in the Melbourne metropolitan area Section 47AF of the Estate Agents Act 1980 Instructions: The instructions in this box do not form
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Higher price refers to the value that exceeds the standard or usual price of a product or service.
Businesses or individuals who are selling goods or services at a higher price than the standard market rate may be required to file higher price disclosures.
Higher price disclosures can typically be filled out online through a designated platform or submitted in hard copy to the relevant regulatory body.
The purpose of higher price disclosures is to provide transparency and accountability in pricing practices, ensuring fair competition and consumer protection.
Higher price disclosures often require reporting the product or service in question, the standard market price, the higher price charged, and justification for the price difference.
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