Fines for forgetting to disclose material fact prior to home sale (Natalie Snooks / Optimus Real Estate)
- Encroachment of a garage into neighbouring property not disclosed before sale
- Agent told about the issue during appraisal but forgot about it
- Warning to agents to improve efforts to discover and disclose facts
Failing to disclose an encroachment issue prior to the sale of a Nedlands home has resulted in a real estate agency and its former Director being fined a total of $13,000 by the State Administrative Tribunal.