A real estate agent sought advice about their failure to disclose the existence of a structural engineer’s report to the purchaser.  

A disgruntled purchaser claimed that failing to disclose this was a breach of the Real Estate Agents Act 2008 and was a misrepresentation.  Upon taking legal advice, they were able to negotiate compensation payable to the purchaser and were able to avoid any fines or loss of their licence to practice.

Real estate agents are subject to a number of legal requirements under the Real Estate Agents Act 2008.  We are able to assist real estate agents with advice about their legal obligations, particularly with regards to their disclosure requirements and other legal issues that can crop up in complex property matters.

Call us for a relaxed friendly chat on 04 4736 850 or email us at lawyers@raineycollins.co.nz