Summit v REAA & Lewis [2011] NZREADT 38 [pdf, 108 KB]
...approved guide to be provided before an agency agreement for residential property is signed; and s.128 that an agency agreement must disclose rebates, discounts and 6 commissions. As she said, those provisions provide substantial consumer protections; and it is important that a consumer is clearly advised when potentially incurring significant financial liability; and an agency agreement is the foundation upon which transactions involving the sale and purchase of a property res...