Paragraph 3
In this Schedule—
in paragraph 1 a misrepresentation is“recklessly” made if it is made regardless of whether it is true or false,whether or not the estate agent had reasons for believing that it mightbe false;
“offer” in paragraphs 1 and 2 includes any conditional offer, but does notinclude offers of a description which the client has indicated inwriting to the estate agent need not be forwarded to him;
paragraph 1(a) does not affect the right of an auctioneer to bid atan auction in accordance with section 6 of the Sale of Land by AuctionAct 1867f1 or in Scotland any rule of law of like effect;
the“status of any prospective purchaser” in paragraph 1(b) includes the financial standing of that purchaserand his ability to exchange contracts expeditiously or in Scotlandconclude a contract expeditiously;
“forward” in paragraph 2 means despatch to the client by hand, post or fax atthe address or to the number given by the client to the estate agent.
Annotations
Footnotes
- f1
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30 & 31 Vict. c.48.