Definition: A false or misleading statement or presentation of a material fact. It can be intentional or arise from careless handling of information.
Example
An agent advertises a property as having an approved additional unit without checking the approval and the claim is false.
Keep the distinction clear
Misrepresentation is not limited to intentional fraud. Do not present an uncertain fact as verified or confuse factual claims with obvious sales opinion.
Related terms
Fraud · Concealment · Puffing
Keep studying
Florida Property Disclosures: Deaths, Stigma, and Direct Buyer Questions
References: Florida Statutes 475.25: discipline and escrow disputes · Florida Statutes 475.278: brokerage relationships and duties
Pronunciation (US): mis-rep-rih-zen-TAY-shun (capitals show stress)
Pronunciation reference: Merriam-Webster
Comments
0 comments
Article is closed for comments.