Filed Date: 12/19/1986
Status: Precedential
Modified Date: 10/28/2024
— Determination unanimously confirmed and petition dismissed, without costs. Memorandum: The Hearing Officer found that petitioner, a licensed real estate broker, exhibited untrustworthiness and incompetence by failing to use a purchase offer form that properly advised the parties to seek legal advice before signing; by discouraging the purchasers from seeking legal assistance before signing; by failing to insert a sales contingency clause when he knew that such a clause was essential for protection of the buyers’ interests; by utilizing a form obligating either party to pay commissions if the sale was not consummated and then by enforcing that provision in a civil suit even though the sale fell through because he failed to negotiate an agreement with all of the proper contingencies. These findings are all supported by substantial evidence and warrant the determination that peti