Wall of shame

2014-06-19

An estate agent acted for both the purchaser and the vendor in a commercial property transaction. Though the agent knew the cockloft inside the property involved unauthorised building works, he did not inform the purchaser of this. Nor did he check whether there was an entry regarding the works registered against the property by conducting […]

Subletting requires landlords consent

2014-05-29

In a leasing transaction of a residential premises, an estate agent arranged for the head tenant to sublet the property to another party, arranging for both parties to sign a tenancy agreement. However, the agent had not ascertained whether there was any restriction on subletting, and whether the head tenant had obtained the consent of […]

Declare all interests

2014-04-17

A client engaged an estate agent to list her property. The agent found a buyer and negotiated a selling price between both parties. When the provisional agreement for sale and purchase was about to be signed, the agent informed the client that the purchaser had authorized a representative to sign the document and to deliver […]

Haunting questions

2014-02-20

A client was interested in buying a residential property and asked his estate agent twice whether any death incident had occurred in the property or if was haunted. The estate agent replied that there was no such problem with the property. After completing the transaction, the client found a news article reporting that a man […]

Do your homework

2014-01-23

Mortgage information should be obtained before buying a home. A real estate agent introduced a flat with a lease to a purchaser. The buyer already owned a mortgaged flat, but he wanted to buy another unit as an investment. After both parties agreed on the price, the agent arranged for them to enter into a […]

Get it down in writing

2013-12-19

An estate agent promised a prospective purchaser verbally that he would give her a cash rebate equivalent to half of his commission when persuading her to buy a unit of a new residential development. After buying a unit through this estate agent, the purchaser asked the agent to set out the rebate arrangement in writing […]

Always fill in the blanks

2013-11-23

A prospective purchaser appointed an estate agent to buy a flat. The agent told the purchaser that the flat she intended to buy was very highly sought-after and persuaded her to sign a provisional agreement for sale and purchase, or PASP, in order to express to the owner her sincere interest in buying. In the […]

Look before you leap

2013-10-24

An estate agent placed in his shop window an advertisement of a property for rent, saying that it is “suitable for commercial and residential use”. Attracted by the advertisement, a prospective tenant asked the estate agent for an inspection of the property. During the inspection arranged by the estate agent, the client found that the […]