What is the definition of fraud in real estate transactions?
British Columbia, Canada
The following excerpt is from Ban v Keleher, 2017 BCSC 1132 (CanLII):
In Hanslo v. Barry, 2011 BCSC 1624 at para. 72, a case involving a real estate transaction, our court observed that “[t]he classic and most obvious form of fraud is where the vendor positively misstates to the purchaser facts, which he knows to be false, for the purpose of deceiving the purchaser.”
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