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URL:https://www.learndesk.us/class/4960291886465024/lesson/f81a5a72e6b509b636742c667fbb12a1?ref=outlook-calendar
SUMMARY:Misrepresentation and Fraud (455.227)
DTSTART;TZID=America/Los_Angeles:20260515T190000
DTEND;TZID=America/Los_Angeles:20260515T200000
LOCATION:https://www.learndesk.us/class/4960291886465024/lesson/f81a5a72e6b509b636742c667fbb12a1?ref=outlook-calendar
DESCRIPTION: Definitions
• Puffing – Licensee boasting about property's benefits.• Misrepresentation – Misstatement or concealment of fact.
Misrepresentation
Intentional misrepresentation:
• Purposeful misstatement of material fact.
Intentional omission:
• Purposeful concealment of material fact.
Negligent misrepresentation:
• Unintended misstatement that the agent should have known.
Negligent omission
: • Unintended concealment that the agent should have known.
Fraud
• Misstatement or failure to disclose a material fact.• Knowledge that the statement was false or fact should have been disclosed.• Party relied on misstatement.• Party was damaged by misstatement.
Florida law prohibits
• Selling property covered by a mortgage that covers other property.• Promises of future sale of property.• Offering property or price by chance.• Offering property or discount by solving puzzles.• Making deceptive...

https://www.learndesk.us/class/4960291886465024/lesson/f81a5a72e6b509b636742c667fbb12a1?ref=outlook-calendar
STATUS:CONFIRMED
SEQUENCE:3
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