In many situations, real estate brokers and their agents/salespersons can be sued for consumer fraud. Since the purchase of a home is their greatest single purchase for most people, the Consumer Fraud Act’s protection of the victims of fraudulent conduct in real estate sales is of great importance.
Examples of consumer fraud by real estate brokers and real estate agents/salespeople may include the following:
- Non-disclosure of a defect if it was known to the broker or salesperson yet not readily observable to the buyer.
- Affirmative misrepresentations or omissions even when the consumer conducted an independent property investigation, such as by engaging their own inspector.
- When acting as the broker or sales agent for a new home builder, misrepresentations or omissions regarding the home builder’s qualifications or experience.
However, there are limits to suing real estate brokers, real estate agents and salespersons for consumer fraud. Before bringing a lawsuit for consumer fraud, it is highly advisable to first consult with an attorney who has experience handling consumer fraud lawsuits involving real estate contracts.
Contact me personally today to discuss your New Jersey consumer fraud matter. I am easy to talk to, very approachable and can offer you practical, legal ways to handle your concerns. You can reach me toll-free at (855) 376-5291 or e-mail me at firstname.lastname@example.org.
By Fredrick P. Niemann, Esq. a Freehold New Jersey, Monmouth County New Jersey Consumer Fraud Attorney