d} - Identify the legislation in your state or territory relating to regulation of the real estate industry, including property sales and management. - Identify and document how agencies maintain up-to-date records of legislation and industry codes. - How are amendments to legislation and industry codes tracked and communicated to staff? Ethical and professional conduct standards - Identify and name the legislation in your state or tern'tor'yr relating to ethics and professional conduct of estate agents and agent' 5 representatives. - Discuss the objective of the regulations. - What are the obligations contained in this legislation. Client service standards - Identity and outline strategies for the implementation. monitoring and review of client service standards. Risk management - Identifyr and outline strategies for identifying and assessing risks. - Provide examples of policies and procedures for minimising and treating risks. How are these procedures monitored and reported on