Disputes with buyers, owners and third parties can occur in any business. Make sure you get precise advice if you are confronted with a dispute situation.
The agent’s principal duty in a sale is to his client, the seller. The agent has other obligations – eg not to mislead or misrepresent to – the customer, the buyer.
The real estate industry Conduct Standards in the Property Occupations Act are directed to the agent’s obligations to a seller client.
Liability for Employee Conduct
Liabilities may also arise from employee conduct if there is no adequate system of monitoring or supervising an employee’s performance.
Liability for marketing material misrepresentation
Liability to the agency can also arise from inaccurate marketing material, even if it is supplied by an owner. Our Business + Property team can review your Form 6 to ensure it contains a sufficiently comprehensive indemnity to protect you from this type of liability.
Always request from an owner written particulars of the benefits the owner requires you to claim in marketing a Property.
Call or email us today for a competitive fee estimate in respect of any agency conduct dispute.
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