misrepresentation
Mortgage fraud is the deliberate omission or misrepresentation of facts on the part of either the borrower or lender with the purpose of obtaining a mortgage loan. Mortgage fraud is essentially the intentional misrepresentation by either the borrower or the lending institution to enable the awarding of a loan. Examples of mortgage fraud include income misrepresentation, and misrepresentation of property use.
Remedies for misrepresentation in a prospectus may include seeking compensation for any losses incurred due to the misrepresentation through legal action, such as a lawsuit. Investors may also have the option to rescind or cancel their investment based on the misrepresentation. It is important to consult with a legal professional to understand the specific remedies available in a particular situation.
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fraudulent misrepresentation. negligent misrepresentation. innocent misrepresentation.
Misrepresentation refers to a false statement made innocently or without intent to deceive, while fraud involves a deliberate and intentional deception. In legal terms, misrepresentation may result in contract rescission or damages, while fraud can lead to criminal charges and more severe penalties.
No , such a misrepresentation is a Federal Offense .
This depends on what the minor was trying to do when they misrepresented their age.
Yes, a misrepresentation inevitably involves an untrue statement of some fact.
It is a legal definition.
Legal actions that can be taken against a company for misrepresentation and fraud include filing a lawsuit for damages, seeking a court injunction to stop the deceptive practices, and reporting the company to regulatory authorities for investigation and potential penalties.
what is the legal definition of "immediate area"
Fraud is a deliberate act of deception with the intent to deceive, while misrepresentation is a false statement made without the intent to deceive. Both involve providing false information, but fraud involves intentional deceit, whereas misrepresentation may be unintentional.