Legislator Case Law & Legislation
KKO 1534/1997 AI generated

Supreme Court dismissed appeal regarding broker's liability for erroneous property valuation causing tax loss.

Case Number KKO 1534/1997
Court / Authority
Jurisdiction Finland (FI)
Decision Date
Outcome Dismissed

Legislator summary

AI generated

The Supreme Court dismissed the appeal against a lower court decision holding a real estate broker liable for damages. The plaintiffs argued that the broker's erroneous valuation of a property led to a delay in selling it, resulting in significant loss of sales profit tax. The court ruled that the broker's liability was established because the valuation error directly caused the financial loss to the clients.

Legislator headnote

AI generated

Real Estate Broker Act; Liability for damages: A real estate broker is liable for damages caused to a client if the broker's erroneous valuation of a property leads to a loss of sales profit tax.

Keywords

AI generated
real estate broker liability sales profit tax loss property valuation error client damages claim Supreme Court decision

Cited Legislation

AI generated
Real Estate Broker Act 1994
AI generated

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Full text

A ja B olivat kanteessaan kertoneet lykänneensä myyntivoittoverolta välttyäkseen vasta valmistuneen asuntonsa myymistä ja tämän heille sittemmin vahinkoa aiheuttaneen ratkaisun perustuneen kiinteistönvälittäjän asunnon arvosta antamaan virheelliseen arvioon. Kysymys kiinteistönvälittäjän korvausvastuusta.