Malicious Deception (Purchase Contract) – Malicious deception is an intentional manipulation of the purchase contract. If the seller or broker is aware of certain defects in the property and attempts to conceal them or claims certain things about the property, that is fraud. Intentional deception exists when the seller or broker suggests or withholds features of a property from the buyer.
Overview of fraudulent misrepresentation (contract of sale): Deliberate evasion of the duty of disclosure
- Deliberate manipulation of the contract of sale
- Seller/broker is obliged to inform about circumstances of the object
- Characteristics of an object are deliberately concealed or asserted
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