Cap 511C s 11 Conduct of negotiation (ESTATE AGENTS PRACTICE (GENERAL DUTIES AND HONG KONG RESIDENTIAL PROPERTIES) REGULATION; ESTATE AGENTS ORDINANCE)

Contents of Section

Chapter:	511C	Title:	ESTATE AGENTS PRACTICE (GENERAL DUTIES AND HONG KONG RESIDENTIAL PROPERTIES) REGULATION	Gazette Number:	L.N. 190 of 1999
Section:	11	Heading:	Conduct of negotiation	Version Date:	01/11/1999

A licensee shall-

(a) not cause or permit a claim to be made of the existence of an offer from a purchaser unless the offer exists;

(b) where information and comparables on residential property prices and rentals have been supplied to a client for reference or comparison, ensure that the information or comparables supplied do not misrepresent the value of the residential property concerned;

(c) not exercise any undue influence on a vendor or a purchaser for the purpose of inducing him to enter into an agreement for sale and purchase or a lease;

(d) keep a written record of all offers in respect of a residential property;

(e) present an offer to a client for acceptance as soon as is practicable after receiving it;

(f) subject to section 13(2)(b), inform a client of all offers received in the order he receives them and present them in an objective and unbiased manner.