Tremain Real Estate (2012) Limited and Cox v The Real Estate Agents Authority (CAC 403) and Ly [2018] NZREADT 54 [pdf, 289 KB]
...is the existing appraised value from the agent. [40] The Tribunal said further:9 … Parliament could not have intended that, for a provisional value, the highest figure mentioned should be used as, obviously that deprives the vendor of the protection to be given under s 134. That is simply common sense. Application to recall [41] The Authority applied to the Tribunal to recall its decision. It submitted that the Tribunal had inadvertently referred to the existing appraised v...