A broker will forfeit their right to fees if they breach their obligations by acting in the interest of the other party. This also occurs if the broker accepts a promise of benefit from the other party in circumstances that violate the principles of…
A broker will forfeit their right to fees if they breach their obligations by acting in the interest of the other party. This also occurs if the broker accepts a promise of benefit from the other party in circumstances that violate the principles of good faith. This legal protection ensures that brokers remain loyal to their clients. Additionally, the broker is liable for any loss or damage suffered by the parties due to their deceit or failure to follow the rules.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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