CAC 414 v Goyal [2018] NZREADT 3 [pdf, 191 KB]
...sold unconditionally at auction to an associate of hers, she advanced funds to enable him to complete settlement. Ms Adams was censured, her licence was suspended for six months, and she was ordered to pay a fine of $10,000, and to pay $5,000 in costs. [35] The circumstances in Reed are distinguishable, in that the vendors were clearly informed by Mr Reed that he wanted to buy their property. That was not the case here. The vendors had also obtained their own valuation of the pro...