LA/San Francisco Real Estate Misrepresentation
Complete and accurate representation of a property is essential if a buyer is to have confidence in the purchase he or she is making. A valid purchase contract cannot exist if the condition of the property or the terms of the sale have not been honestly represented and adequately disclosed.
When there has been real estate misrepresentation, buyers are understandably upset. Usually they are upset with their real estate agent — the person with whom they have a relationship of trust.
The real estate agent may or may not have had prior knowledge of the real estate misrepresentation. Depending upon the facts of the case — what the agent did or did not know and when — the buyer may have a valid claim of professional malpractice against the realtor.
At the Law Offices of Kenny Tan, we work exclusively in the area of real estate law and real estate litigation. We represent either party in a real estate dispute in which a buyer is bringing a case against a realtor or a real estate agent is charging real estate negligence and misrepresentation.
The buyer may have a valid case against the seller or the real estate agent if either party failed to inform the buyer of a material fact involving the property, such as a defect, title dispute or property dispute.
When you need sound legal advice and strong, effective trial court representation, contact a California real estate lawyer at the Law Offices of Kenny Tan.
Real Estate Negligence and a Failure to Disclose
A real estate agent has a duty to conduct a visual inspection of the property he or she is selling and to reveal any obvious defects in the property conditions to a buyer before closing. A seller's agent must also disclose:
- Known health or safety concerns
- Known flaws or defects
- Past defects such as past water damage
- Homeowners' association dues or back taxes that a buyer will be responsible to pay
- Potential conflicts of interest such as any financial gain that the agent may receive from a third party (escrow agent or title agent)
Real estate attorney Kenny Tan is a licensed real estate broker, a licensed civil engineer, and a property manager. He is well qualified to counsel buyers who believe they have been the victims of real estate agent fraud and to defend brokers and agents who have been accused of real estate negligence.
Our firm handles real estate negligence and misrepresentation cases in Los Angeles, San Francisco or anywhere in Southern California.
We assist individuals in filing fraud claims. If a judgment for fraud has been obtained in court, the buyer may seek financial recovery from the Real Estate Recovery Account, which is operated by the California Department of Real Estate (DRE). Victims of real estate agent fraud may be compensated for up to $20,000 per transaction, with a lifetime maximum of $100,000 per real estate licensee.
To discuss your problem with a real estate misrepresentation, contact one of our three real estate law offices in Diamond Bar, Oakland and San Diego.
