Agency
What is 'constructive fraud' in the context of Illinois real estate agency?
AFraud proven by construction-related lawsuits
BMisrepresentation or omission by an agent that creates an unfair advantage even without intent to deceive✓ Correct
CA type of fraud that can only be committed by contractors
DFraud that is disclosed to the buyer before closing
Explanation
Constructive fraud occurs when an agent's misrepresentation or omission breaches a duty and creates an unfair advantage, even without a deliberate intent to deceive. In real estate agency, this may arise from negligent misrepresentation (failing to know something an agent should know) or from omitting material information. Unlike actual fraud, intent to deceive is not required for constructive fraud.
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