Real Estate Agent Loses Appeal in Multimillion-Dollar Commission Dispute
The Court of Appeal dismissed Diane Holowesko's claim for over $2.3 million plus VAT in commission on the $58 million sale of Harbour House in Lyford Cay, finding her agreement required a $57 million deal by April 8th, 2022. She must pay legal costs.
Why it matters:The ruling shows Bahamian courts will enforce the conditions and deadlines in commission agreements strictly, which matters for real estate agents and brokerages handling high-value property sales. (Neutral development)