The High Court’s recent decision in James v Luxury Real Estate Limited involved an appeal from the District Court by the owners of a luxury property in Queenstown. The case concerned allegations of a breach of fiduciary duties and repudiation of a real estate agency agreement by the listing agency and agent.

Ultimately, despite a finding of breach of fiduciary duty, Luxury Real Estate Ltd (Luxury RE) was successful in recovering its commission.

In this article, Sophie Lucas, Katie Shanks, Natasha Cannon and Emily Thom explain how the decision serves as a useful reminder for real estate agents and other professionals about their obligations in their interactions with clients.

You can download the full article below.