Amendments in counter-offer—should seller’s agent advise buyer’s agent of changes to offer? #363

Legally Speaking

By Gerry NeelyB.A., LL.B. The first case in Legally Speaking 362 discussed the liability of a buyer’s agent who had submitted an offer containing a conditional inspection clause. He failed to notice the seller’s counter-offer amended the inspection clause, which led to the buyer’s loss of a $50,000 deposit. Although the agent was clearly negligent, he must have

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