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GOLD COAST REAL ESTATE AGENCY ORDERED TO PAY DAMAGES TO BUYER FOR FALSE AND MISLEADING REPRESENTATIONS

On the 19th May 2017, the Supreme Court of Queensland in the matter of Makings Custodian Pty Ltd v CBRE (C) Pty Ltd (2017) QSC 80 handed down a decision in which it found that a leading Gold Coast Real Estate agency (Ray White Commercial) was responsible for false and misleading representations contained in an Information Memorandum (IM) prepared by the agency on behalf of their vendor client in respect to the sale of a shopping center.

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Recovering the Cost of Chasing Overdue Levies: Court orders bank to pay Body Corporate legal costs

The failure by lot owners to pay Body Corporate levies when due and owing can create a significant financial burden for Bodies Corporate who are often forced to increase budgets and raise special levies from other lot owners to compensate for the shortfall. Fortunately, a recent decision in the Queensland Court of Appeal has provided certainty for Bodies Corporate that the reasonable legal costs incurred for recovering overdue levies can be included in a Body Corporate debt payable by the owner of the lot.

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