A real estate agent advertises a property as 'walking distance to the beach' when it is actually a 45-minute walk. A buyer purchases based on this representation. What remedy might be available under Australian Consumer Law?
Correct Answer
B) Rescission of contract and damages for reasonably foreseeable loss
Misleading conduct that induces a purchase can result in rescission (cancellation) of the contract and compensation for reasonably foreseeable losses under Australian Consumer Law. The misrepresentation about proximity to amenities could materially affect the buyer's decision.
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A real estate agent advertises a property as having 'ocean views' when only a small portion of the ocean is visible from one upstairs window. Under the Australian Consumer Law, this would likely be considered:
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A real estate agent advertises a property as 'walking distance to the beach' when it actually requires a 45-minute walk. Under Australian Consumer Law, this would most likely be considered: