FRECI_4-4 - Lecture Preview Florida Real Estate Commission...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Florida Real Estate Commission Course I Pre-Licensing Course for Sales Associates Session 4 – Lecture 4 Authorized Relationships, Duties, and Disclosure Copyright, 2004 2 Lecture Preview What will you learn from this lecture? Fraud and misrepresentation Deceptive practices Code of Ethics Copyright, 2004 3 Vocabulary Terms Ethics Fraud Misrepresentation Copyright, 2004 4 Misrepresentation Misrepresentation: The misstatement of a fact or the omission or concealment of a factual matter Misrepresentation can lead to fraud… Copyright, 2004 5 Misrepresentation and Fraud Misrepresentation made by licensee and buyer acted on the misrepresentation and is aware (or not ) of the misrepresentation and buyer harmed by the misrepresentation Fraud Copyright, 2004 6 Fraud 1. Licensee made misstatement of fact or failed to disclose a material fact 2. Licensee knew or should have known that the statement was not accurate or that information should have been disclosed and was not
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 3

FRECI_4-4 - Lecture Preview Florida Real Estate Commission...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online