Li v The Real Estate Agents Authority (CAC), Huang, Chae, Donkin and Barfoot & Thompson Ltd (Mairangi Bay) [2018] NZREADT 52 [pdf, 335 KB]
...inspection report” provision into the contract indicates that she understood, in a general way, the protection that such a provision provided her, and that neither she nor the purchaser would be immediately subject to an unconditional contract. [101] It would seem to us unlikely that an alert buyer in the position of Mrs Li, who was paying attention to the discussion, could have overlooked asking what the advantages and disadvantages of making an offer in one form or another were....