ANNE v. PCG& S GROUP, INC Part I
Exculpatory clauses in standardized forms used in real estate sales and purchases do not bar, on the ground that buyers cannot show justifiable reliance as a matter of law, a claim for intentional misrepresentation brought by buyers of real property against the sellers' brokers alleging the brokers intentionally misrepresented the property could be subdivided. Any lack of due diligence by buyers in conducting an investigation of the zoning and other laws restricting the development and use of the property also does not preclude as a matter of law the buyers' showing of justifiable reliance as an element of their claim for intentional misrepresentation.
Comments on ANNE v. PCG& S GROUP, INC Part I