Tremain Real Estate (2012) Limited and Cox v The Real Estate Agents Authority (CAC 403) and Ly [2018] NZREADT 54 [pdf, 289 KB]
...complained as to a potential conflict of interest arising from the directors of HBL’s position as directors of the Agency. The vendor also complained as to the entry of, and subsequent amendment to, the “provisional value” amount stated on the form on which he gave consent to the transaction. Consent required for the transaction [7] As directors and shareholders of HBL, and directors of the Agency, Mr Ward and Mr Tremain were “related to”2 Mr Cox, and required to obtain t...