Agent’s Duties

Salespersons’ Duty to Obtain Highest Price #74

Legally Speaking

By Gerry NeelyB.A. LL.B. A short listing and a quick sale not only puts money in the bank and caviar on the toast, but it also avoids some of the problems for a licensee that can arise where property is on the market over a lengthy period of time and the salesperson’s familiarity with it

Salespersons’ Duty to Obtain Highest Price – Part 2 #75

Legally Speaking

By Gerry NeelyB.A. LL.B. You have listed for sale a house, to be described in the ad as a handyman’s special, which is located on a heavily-trafficked road in the middle of two blocks of mixed residential tenancy and low profit non-conforming commercial uses. Over the past ten years, repeated attempts to rezone the area

Licensees’ Duty to Disclosure of All Facts to His Principal #1

Legally Speaking

By Gerry NeelyB.A. LL.B. The selling agent brought an offer to the listing agent for $85,000.00 on September 26, 1977, which was accepted by the vendors, subject to their obtaining a release of a prior offer by September 29th. The release was obtained, the contract became binding and on September 30, 1977, the selling agent