Question
You are in a sales meeting with your client. Your client's property is a 2-bedroom home with a small study on a 500 square metre
You are in a sales meeting with your client. Your client's property is a 2-bedroom home with a small study on a 500 square metre block and is situated on a main road across a busy shopping centre. Your client purchased the property in 2017. In 2016 a person was murdered at the property.
In the sales meeting your client has instructed you, his agent, to include the following wording in the advertising material:
"... large home with 3 huge bedrooms on a large block, in a quiet street. Shops nearby."
Your client has also instructed you not to disclose to any potential buyers that a murder occurred in the property. Melbourne real estate.
1. Should you follow your client's instructions? Discuss the legal and ethical issues at play here.
2. What part of the above scenario relates to a Material Fact?
3. Can you ignore the Material Fact in this scenario? Explain your answer.
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