An SA land agent is listing a house that the vendor admits has rising damp in two rooms. What is the agent's obligation when marketing it?
Correct Answer
B) The agent must not make misleading or deceptive representations about the property's condition.
Under Australian Consumer Law and SA regulations, an agent must not make misleading or deceptive representations about a property. If the agent is aware of defects, they cannot actively conceal them or misrepresent the property's condition.
Why This Is the Correct Answer
Under the Australian Consumer Law, an agent must not make misleading or deceptive representations about a property's condition. Knowing of defects, the agent cannot hide or misdescribe them in marketing, whatever the vendor's Form 1 says.
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