Question

It is discovered after a sale that the parcel is 20 percent smaller than the owner represented it to be. The broker, who passed on the information to the buyer is:

1) Not liable as long as he only repeated seller data
2) Not liable if the buyer actually saw what he was getting
3) Not liable if the misrepresentation was unintentional
4) Liable if he knew or should have known of the difference

Answer 1

The broker can be liable if he knew or should have known about the discrepancy in the parcel size.

Step-by-step explanation:

The broker, who passed on the information to the buyer, can be liable if he knew or should have known of the difference. In this case, the parcel was misrepresented by the owner to be 20 percent larger than it actually was. If the broker had knowledge of this misrepresentation or should have known about it, he can be held liable for the misinformation.