Fraudulent Misrepresentation Made Against Sellers #238

Legally Speaking

By Gerry NeelyB.A., LL.B. The Property Condition Disclosure Statement, (PCDS), was the basis for proof of a claim of fraudulent misrepresentation made against sellers, by buyers, when the buyers had to pay approximately $4,000 to correct the septic system problems they found when they took possession of the property. The sellers stated in the PCDS

Real Estate Act Section 28 – Disclosure by Licensee #237

Legally Speaking

By Gerry NeelyB.A., LL.B. Not every listing contract creates a fiduciary relationship, nor does every imperfectly completed Section 28 disclosure by a licensee give a seller a legal basis for refusing to complete the sale of the seller’s property to the licensee. An offer was made in the name of a licensee “and assigns” because

BCREA Public Website Preview
BCREA Public Website Preview
BCREA Public Website Preview
BCREA Public Website Preview