Misrepresentation

Business / Real Estate / Misrepresentation: A false statement or concealment of a material fact made with the intention of inducing some action by another party.

Negligent Misrepresentation

Business / Real Estate / Negligent Misrepresentation: A negligent misrepresentation occurs when the broker should have known that a statement about a material fact was false. The fact that the broker may actually be ignorant about the issue is no excuse. MORE

Disclaimer

Business / Debt / Disclaimer: A statement made to free oneself from responsibility. MORE

Rescission

Health / Health Insurance / Rescission: is a controversial insurance industry practice that has come under fire as an unfair tactic used to deny coverage to policy holders. If you've been a victim of rescission, your insurance company has r MORE

Puffing

Business / Real Estate / Puffing: Exaggerated or superlative comments or opinions not made as representations of fact and thus are not grounds for misrepresentation, such as, This property is a real good buy. One test used is whether MORE

Fraud

Business / Real Estate / Fraud: Any form of deceit, trickery, breach of confidence or misrepresentation by which one party attempts to gain some unfair or dishonest advantage over another. Unlike negligence, fraud is a deceitful pra MORE

Reality Of Consent

Business / Real Estate / Reality Of Consent: Although a contract may meet all of the basic requirements, it may still be void or voidable, according to the realty of consent, which states that a contract must be entered into as a free and volunt MORE

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