In a real estate transaction, what could unintentional misrepresentation result in for an agent?

Unintentional misrepresentation in a real estate transaction refers to providing incorrect information or failing to disclose relevant facts without the intent to deceive. When such misrepresentation occurs, the agent may face legal liability. This can happen because, even without malicious intent, agents have a duty to provide accurate and complete information to their clients and potential buyers. If a client or buyer relies on incorrect information in making their decisions, they could suffer damages, leading to the agent being held accountable for those losses.

Legal liability could manifest as a lawsuit, where the injured party claims damages arising from the reliance on the agent's incorrect information. Real estate laws require agents to uphold standards of honesty and competence, and failing to meet these standards—whether intentionally or not—can subject agents to legal repercussions. Thus, the risk of liability emphasizes the importance of diligence and care in providing information during real estate transactions.