Commentary

21 Terms of appointment of an estate agent

AUCTIONEERS, ESTATE AGENTS AND VALUERS vol 3(1)
| Commentary

21 Terms of appointment of an estate agent

| Commentary

21 Terms of appointment of an estate agent

An estate agent instructed to find a buyer is not usually bound to take positive steps to do so1. Such an agent may, however, by accepting instructions, owe fiduciary duties and a duty of care to his principal2. An estate agent should forward to his client, promptly and in writing, accurate details of any offer received from a prospective buyer (unless the client has indicated in writing that he does not wish to receive such details3 or the estate agent is exempt from compliance because of duties of due diligence4) and must

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