Broker liability may arise as a result of misrepresentation, including concealment and the failure to disclose where this is required. Misrepresentation may be found if a licensee incorrectly states that a particular aspect of a property is in good condition when it is not. Liability for misrepresentation can be founded on intentional fraud, negligence or strict responsibility.
When it comes to the subject of broker liability for misrepresentations, the cases that have been decided by the Wisconsin appellate courts teach some very pertinent lessons.
Click here for a series of case studies to help you avoid costly mistakes related to your liability.