Good day I'm interested in buying a prop...

Asked by the Customer on 18-07-2016 16:46:44
Question posted in the Consumer Protection Law category relating to Gauteng

Good day

I'm interested in buying a property that I saw listed on an estate agent's website. However, the agent informed that the seller requests proof of affordability (bank guarantee statement/cheque or bank statement) before the property can be viewed.

I wanted to know whether this practice is legal because it means the agent will have sensitive information about me before I make a decision on the house. Also, if this information is share with the seller, then my personal information will be exposed to a third party.

I'm not comfortable with this requirment, is it legal for them to impose it?

Mpho

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