Fraudulent misrepresentation Definition

GLOSSARY

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What does Fraudulent misrepresentation mean?

A knowingly false assertion intended to mislead another and make them agree to a contract because of that misrepresentation.

Fraudulent misrepresentation is a misrepresentation made where the representor knows the statement is false. The required elements for fraudulent misrepresentation are: there must have been a statement, the statement must have been unambiguous, the statement must have been false, the statement must be one ‘of fact’, the statement must have been addressed to the party misled, and the statement must have induced the claimant to enter into the contract. The representation need not have been the only inducement to enter into the contract.

View the related checklists about Fraudulent misrepresentation

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