In your own words, write a paragraph on each Act below and how it is relevant to your career as a real estate professional. (20-30 words for each Act) Foreign investment (Foreign Acquisitions & Takeover Act 1975) aus
The Foreign Acquisitions and Takeovers Act 1975 regulates foreign investment in Australian real estate, ensuring that acquisitions align with national interests. As a real estate professional, understanding this Act is crucial for advising clients on compliance and navigating the complexities of foreign investment in the property market.