Ur Property is committed to your peace of mind and a positive outcome throughout the sales process.

All real estate agents have obligations under the consumer protection laws to disclose material fact to prospective purchasers when it comes to the sale of property. A material fact may be a piece of information that is either positive or negative to the pending sale, and, may have a disadvantageous response from the market. However, it is a contentious part of the sale process and, regardless, it forms part of the ‘disclosure’ process of what is ‘material fact’, that is, imperative information that a prospective purchaser may rely upon to make an informed decision.

The Gonzales House
The benchmark case law for this ruling was determined by the 'Gonzales House' case. This house had a tainted history in which a murder had occurred in the property. This ‘material fact’ was not disclosed during the sale process by the agent. There was a lack of disclosure by the agent to the prospective purchaser. When the prospective purchaser realized the ‘material fact’ they withdrew from the sale and won the right to do so.  Ur Property draws your attention to this vital obligation – to have a fiduciary relationship based on open and honesty communication.

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