Overview
- The NSW Civil and Administrative Tribunal upheld a one-year licence suspension, an $11,000 fine and mandatory training for Rachelle Carmen Nohra.
- Regulators' push to cancel her licence and impose a three-year ban was rejected as too harsh.
- Nohra bought the 82-year-old retiree's Sydney home in April 2023 for $600,000 despite a comparable sale next door at about $1.1 million.
- She promised lifetime residency but the written tenancy allowed eviction with 90 days' notice, which the tribunal found detrimental to the seller.
- The tribunal found she failed to facilitate independent advice, noted a conflict of interest, and said she stood to gain roughly $500,000; Nohra and Eser Property were approached for comment.