Advertising Properties for Sale
Some recent situations we have advised on have once again highlighted the dangerous situation agents place themselves in when making statements about properties.
To protect yourself you need to either verify the information is correct or when presenting the information use the following wording:
“This information has been provided by the owner and the agent has not verified the accuracy of the information. Any potential buyers should make their own inquiries regarding this information”.
The areas we have seen problems are:
- Development potential – try to steer clear of making representations on this topic as it is difficult for you to know if it can be developed and if
so how many units you may put on it.
- Built in underneath the house.- For a room to be called a bedroom or living area the height needs to be 2.4m. Only 75% of the ceiling height needs
to be 2.4m so you can have beams running through the room. Garages converted into living areas usually don’t have approval for this so be careful
before claiming this in advertisements.
- Bedroom v Study – There is no size requirement before a room can be called a bedroom. You just need to be able to fit a bed into the room. Studies
don’t have to be 2.4m high where as bedrooms do.