What constitutes a fraudulent misrepresentation in a real estate transaction?
British Columbia, Canada
The following excerpt is from Moon v. V.I.B. Motors Ltd., 2022 BCCRT 167 (CanLII):
21. A fraudulent misrepresentation occurs when: • The seller makes a false statement of fact to the purchaser, • The seller knows the statement was false, or is reckless about whether it is true or false, • The seller intends for the purchaser to act on the representation, and • The misrepresentation induces the purchaser into buying the good. • See Ban v. Keleher, 2017 BCSC 1132.
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