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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Business

Averie Fleming

1 January, 07:15

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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Answers (1)

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Miranda Koch · Answer 1

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.