ACTING FOR BOTH PARTIES
— A LAND AGENCY .MATTER (Doited Press Association.) AUCKLAND. This Day Ginnncntmg on a case, m winch the same land agent- acted for both parties Judge Reid said that, it an agent, was employed bv both parties in respect cl the exchange of landed property, the fact of tlie double agency being known to smell parties .and lit: had no. special knowledge relating to either property and confirmed himself to singly intro doling tin parties, leaving them to make 1 1 ioi i- own haigaio, the transaction is a legitimate one and will stand both as riganls tlm proceeding between the pai tics and in respect of a land agents right, to i-runmisemi!. It- on the other hand, a laud agent i* possessed of any special Knowledge regarding either of the pin perms Ho- information in respect of hi.-ii it is important that tlm' non owner should he posses ;cd of m Older to la- in a position in exercise reasoned judgment, and smell information is notimparled, a laud agent has failed in his dutv. and it is no excuse that the ini', rmnt ion was acquired whilst acting as agent li r the other party.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NEM19250713.2.21
Bibliographic details
Nelson Evening Mail, Volume LVI, 13 July 1925, Page 2
Word Count
199ACTING FOR BOTH PARTIES Nelson Evening Mail, Volume LVI, 13 July 1925, Page 2
Using This Item
Stuff Ltd is the copyright owner for the Nelson Evening Mail. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.