Buyer ordered to pay over $14 million in damages and interest for breach of off-the-plan contract

Mar 2016 |

Andrew Persijn, Senior Associate discusses why agents should always recommend to prospective buyers that they seek their own independent advice and make their own inquiries regarding the value and suitability of a particular property. Adhering to these practices will significantly minimise the risk of buyers attempting to avoid contracts on the grounds of false or misleading representations by the agent.

Source: REIQ Journal, March 2016