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24 December, 06:39

In addition to the duties of diligence, care, and skill, a real estate agent owes the principal a full disclosure of all facts material to the subject of the agency. Any intentional misstatement by the agent concerning such facts would probably be regarded as:

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  1. 24 December, 09:29
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    Misrepresentation

    Explanation:

    Misrepresentation by a licensee will subject that licensee not exclusively to disciplinary act, yet potential common and criminal suits too.

    It happens when there is clear information on a specific actuality which made a purchaser go into an agreement.

    A case of misrepresentation would be asserting that there is no cost on pay property misrepresentation is fraud.
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