Despite good intentions, there are limits to how far a REALTOR® should go to help a colleague when it comes to business collaborations and opportunities.
Posts tagged with “Misrepresentation”
Legally Speaking Use Your Name Wisely #550 
Legally Speaking Pitfalls in Transactions Involving Strata Condominiums #516 
A recent Civil Resolution Tribunal decision highlights some important practice points for licensees in transactions involving strata…
Legally Speaking Disclaimers Against Reliance: Not Always a Magical Cure #510
In a recent case from the BC Provincial Court, the following disclaimer was found ineffective in defending the buyer’s claim that the…
Legally Speaking Co-Lenders’ Personal Liability for Agent’s Misrepresentation #326
Raising financing for a specific project occasionally involves pooling the funds of a number of investors in a mortgage in favour of a limited company which is incorporated and managed by the persons who brought the…
Legally Speaking Alleged Misrepresentations by Licensee Salesperson/Builder, Agency Not Liable #296
It is not every circumstance when an agency will be liable for misrepresentations made by its employee/salesperson….
Legally Speaking Misrepresentation, Innocent; Mobile Home, Refusal of Landlord to Consent to Assignment #186
Normally, the listing agent for the owner of an existing home is unconcerned with set backs or other limitations which would affect the size and location of a home to be constructed upon the lot upon which the home…
Legally Speaking Area, Mistake Discovered After Closing #157
A vendor innocently misrepresents the area of his lot as 10 acres when it is only six acres. If the purchaser relied upon this misrepresentation and discovered the mistake BEFORE completing his purchase…
Legally Speaking Actions Against Licensees – Negligence and Interfering With Contractual Relations #152
Chutzpah is a Yiddish word meaning “brazen nerve”…
Legally Speaking Breach of Duty and Fraudulent Misrepresentation #129
Termites, latent defect, non-disclosure, breach of duty, fraudulent misrepresentation, and all occurring in Toronto. A young couple purchased a home in an area of termite…
Legally Speaking Appraiser and Real Estate Licensees – Question of Liability #105
John and Joan were looking for revenue property which they found in 1980 thirteen miles east of Smithers Iying between the Yellowhead Highway…