Compensation referral / unsatisfactory conduct / Committee found licensee liable for misleading marketing that conveyed property had a third car park / Real Estate Agents Act 2008, s93, s110 / Professional Rules 2012, r5.1, r6.4, r10.7 / HELD / causation established for diminution in value for loss of third carpark / retrospective market valuation accepted, unqualified valuation evidence rejected / garden reinstatement costs recoverable as direct consequence of non-compliant car park / valuation report costs recoverable / no award for loss of marketability / no contributory negligence given assurances to purchaser, and that licensee did not request further information on rules from Body Corporate / compensation reduced by 25% to reflect innocent misrepresentation / no costs awarded / compensation of $23,851.92 awarded
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