Asked by Jeff on 24-09-2023 08:03:37
Question posted in the Property Law category relating to Gauteng
Hi there
We unknowingly signed an irrevocable exclusive mandate with an estate agent in 10 March. The estate agent did not explain the mandate to us nor did he provide us with a copy.
On 13 March we communicated to the estate agent that we will temporarily halt the sale and he acknowledged this. The estate agent subsequently delistwd the property.
Does the delisting and acknowledgement from the agent mean that the mandate was revoked? Also did we have to enter into a new mandate subsequent to the delisting?
If you would like to view the entire answer, you will need to either login or register a FREE account.
Disclaimer
DISCLAIMER: Advice or answers from Lawyers on South African Legal Advice are not substitutes for the proper advice of an Lawyer. South African Legal Advice is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Lawyer who assists with your question is not your Lawyer, and the response above is not to be considered to be legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains. The responses above are from individual Lawyers, not South African Legal Advice. The site and services are provided “as is”. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service.