Contracts (alternative)
A Maryland seller-provided disclosure form that contains material misrepresentations gives the buyer the right to:
ANo remedy — the seller's form is advisory only
BRescind the contract or sue for damages for fraudulent or negligent misrepresentation✓ Correct
COnly request the seller fix the misrepresented items
DReport the seller to MREC (alternative)
Explanation
A buyer who relied on material misrepresentations in the seller's disclosure may rescind the contract and/or sue for damages for the harm caused by the misrepresentation.
Related Maryland Contracts (alternative) Questions
- In Maryland, a buyer who makes an offer 'subject to attorney review' is providing:
- The Maryland Residential Property Disclosure/Disclaimer form is provided to buyers:
- In Maryland, earnest money in a real estate contract is typically held by:
- A Maryland addendum to a purchase contract is valid when it:
- In Maryland, consideration in a real estate contract can be:
- In Maryland, an option contract typically expires if the optionee (buyer):
- In Maryland, the 'merger doctrine' in real estate contracts states that:
- A Maryland real estate contract requires mutual assent, which means:
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