Complaints Assessment Committee 404 v Kumandan, Kumandan v The Real Estate Agents Authority (CAC 404) [2018] NZREADT 51 [pdf, 270 KB]
...guilty of misconduct because of a wilful or reckless contravention of the Act. Breach of R 6.2 and or R 6.4 [32] The question arises whether the rules impose any obligation on a licensee in the course of carrying out his/her duties to protect the position of a bank. Of course, an agent would be under an obligation to refrain from conniving at, assisting in or carrying out activities amounting to mortgage fraud. For example, if an agent knowingly drew up an agreement whi...