Real estate agent disciplined over failure to warn buyers of water damage risks
A disciplinary tribunal found a Christchurch real estate agent failed to properly warn buyers about water ingress risks on a plaster home that required $132,000 in repairs.
A real estate agent has been disciplined after failing to adequately alert buyers to water ingress risks associated with a plaster home in Christchurch. The property subsequently needed a $132,000 reclad to address the water damage issues. The disciplinary tribunal determined the agent's failure to properly flag these risks breached professional obligations.
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Christchurch buyers faced $132k reclad after agent failed to properly flag risks
A real estate agent failed to properly warn buyers about the water ingress risks of a plaster home that later required a $132,000 reclad, a disciplinary tribunal has found.