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The real estate agent acts as the agent of either the seller or the buyer. The seller contracts with the real estate agent in the standard form listing agreement. Leisure property includes restaurants, pubs, bars and cinemas amongst others, and is the hardest type of commercial property to finance.  All obligations created under Section 10000, and following, all regulations issued by the commissioner relating to real estate salespersons, and all other obligations of brokers and real estate salespersons to members of the public shall apply. If the licensee or applicant fails to pay such fee, the commissioner shall refuse to issue a licence or temporary license or to reinstate a suspended licence. The notice of defense shall be in writing signed by or on behalf of the respondent and shall state the respondent’s mailing address. It need not be verified or follow any particular form. Communication with any other examinee during the administration of a licensing examination; copying answers from another examinee or permitting one’s answers to be copied by another examinee. That after December 31, 1969, the sale or rental of any such single-family house shall be excepted from the application of this subchapter only if such house is sold or rented. This means that there is no longer a problem posed by an imperative duty to sell, in situations where that was the last thing intended. The Competition Act 1998 prohibits agreements which have as their objective or effect the prevention, restriction or distortion of competition in the UK. At a more detailed level, property investment involves the provision of property maintenance and other services to occupiers such as security and janitorial services, engineering services.