Misrepresentation in Real Estate: How to Protect Yourself
By Mick Phoenix, Sales Agent in the Utah County
(McEwen Realtors)
Real estate transactions involve significant amounts of money and therefore require a high level of trust between all parties involved. Unfortunately, sometimes this trust is breached through the practice of misrepresentation, which can have serious financial and legal consequences for buyers, sellers, and real estate agents alike. In this blog post, we will explore what misrepresentation is in real estate, how it can occur, and what you can do to protect yourself from it.What is Misrepresentation in Real Estate?Misrepresentation occurs when an agent provides false, misleading, or incomplete information about a property, its condition, or its value. This can take many forms, including: Overstating the property's features or amenities Concealing or downplaying significant defects or issu...
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