Did you know that property buyers are better protected when purchasing through a real estate agent rather than privately?
It’s illegal for anyone (both real estate agents and private sellers) to hide or give false information about a property they’re selling.
But unlike private sellers, real estate agents are expected to use their professional knowledge and experience to advise buyers about significant potential risks.
For example, if a home is likely to be leaky or contain asbestos based on its age and type of construction, the real estate agent is obliged to warn potential buyers.
Note: This post is brief and general in nature. You should not treat it as legal advice and should seek professional advice before taking any action in relation to the matters dealt with in this post. Armstrong Murray accepts no liability for losses suffered by any person or organisation who may rely directly or indirectly on this post.
