LE v BI [2024] NZDT 31 (2 February 2024) [pdf, 139 KB]
...party is fully informed about the transaction. Therefore, a private seller need not disclose defects to a buyer, and silence will not usually amount to a misrepresentation. However, the courts have made it clear that when a party makes pre-contractual statements, those statements must be correct and the party receiving them is entitled to reasonably rely on them. This is because the law of misrepresentation set out in s35(1)(a) of the Contract and Commercial Law Act 2017 (“the CCLA”))...