The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc. Negligence A lack of such reasonable care and caution as would be expected of a prudent person. A penalty may be assessed if any part of an under...
Negligent misrepresentation is when a person does not lie directly (saying something knowing it to be untrue), but has made a statement about a subject with no reason to believe it to be fact. Another example is a real estate agent attempting to sell a home to a buyer who wishes to get...