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Agents Act 2003
88False representations to sellers or buyers
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88 False representations to sellers or buyers
(1) An agent commits an offence if the agent––
(a) acts for a seller of land; and
(b) makes a dishonest representation about the agent’s estimate of
the selling price of the land––
(i) to the seller; or
(ii) to a buyer; or
(iii) in an advertisement or other publication.
(2) A registered assistant property agent commits an offence if the
assistant property agent––
(a) is employed by a licensed agent who is acting for a seller of land;
and
(b) makes a dishonest representation about the assistant property
agent’s estimate of the selling price of the land––
(i) to the seller; or
(ii) to a buyer; or
(iii) in an advertisement or other publication.
(3) For this section, a representation is dishonest if––
(a) the representation is dishonest according to the standards of
ordinary people; and
(b) the maker of the representation knows that the representation is
dishonest according to those standards.