LAW 122 Lecture Notes - Lecture 28: Uberrima Fides
1 Oct 2017
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What does it mean to say that a pre-contractual representation is not promissory in nature, personal opinions are not usually treated as misrepresentations. Very briefly explain why they are not and. Describe a situation where it is risky to offer a personal opinion: a purchaser explains to his real estate agent that he wants to buy a house containing a suite that would generate rental income. The agent showed and sold to him a house with a basement suite. After taking possession of the house, the purchaser discovered that the previous owner had been renting the basement unlawfully. No permit to build the suite had been obtained, nor could it have been obtained because the ceiling was too low and the lot too small. It turned out that the agent knew about these legal requirements and knew that they had not been met.
