Obtaining Credit By False Representation #257

Legally Speaking

By Gerry NeelyB.A., LL.B. Column #77 discussed an attempt to obtain financing through the use of the Contract of Purchase and Sale, one between the parties and one for the mortgage company, the latter agreement for a higher price and larger down payment than the parties agreed upon. It is a criminal offense to attempt

Negligence by Licensee #256

Legally Speaking

By Gerry NeelyB.A., LL.B. Small mistakes lead to big problems, which proves yet again that eternal vigilance is the price to be paid to avoid having to check your E. & 0. insurance to see what the deductible is. Buyers under a conditional Contract of Purchase and Sale, asked the agent to obtain extensions for

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