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Newscenter

Newscenter

CCIM.com Newscenter
CIRE
CIRE
Posted May 1st 2015

Real estate agents and brokers often make disclosures without attributing information sources. In so doing, they become the source of the information. When the information is accurate, there is no problem. When the information is inaccurate, however, the agent or broker, as the source of the inaccurate statement, bears responsibility for the statement.

As discussed below, by attributing the source of the information, an agent or broker can avoid, or at least attempt to avoid, liability for any unintentional errors in information passed along.

Identifying the Source

In a recent California appellate decision, Saffie v. Schmeling (2014) 224 Cal.App.4th 563, the court found that the listing broker was not liable even though he disclosed erroneous information upon...

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