HOLDINGS: [1]-Because negligent misrepresentation amounted to actual fraud and deceit under Civ. Code, §§ 1710, subd. (2), 1572, subd. (2), buyers of real property were entitled to unilateral rescission under Civ. Code, §§ 1688, 1689, subd. (b)(1), 1691, 1692, in light of the trial court’s findings that the sellers made misrepresentations with reckless disregard; [2]-The trial court erred in declining to effectuate rescission based in part on the prejudice to the sellers, which was an improper consideration, and in part on the complications of unwinding the transaction, which did not present insurmountable obstacles; [3]-On remand, the trial court could consider whether to award the buyers their attorney fees under the applicable law.

California Business Lawyer & Corporate Lawyer, Inc. has the Best Corporate Lawyers in California

Outcome

Judgment reversed.

Steffy Alen

Share
Published by
Steffy Alen

Recent Posts

Why a Morocco Tour Should Be on Your 2024 Travel Bucket List: Ultimate Travel Insights

An 8-day Morocco tour from Marrakech is the perfect way to immerse yourself in the…

2 weeks ago

Why Every Cat Owner Needs a Cat Carrier: The Ultimate Guide

Owning a cat is a delightful experience. These curious, independent creatures bring joy, warmth, and…

2 weeks ago

Novita and Dress for Success: A Tale of Elegance and Empowerment

Success is often defined by preparation, confidence, and the right tools to make a lasting…

4 weeks ago

From Riverfront to Gardens: Your Guide to Savannah’s Best Spots

Savannah, Georgia, is a city of breathtaking contrasts: the bustling, historic Riverfront gives way to…

1 month ago

What Countries Can You Travel To From South Africa Without Needing a Visa?

For South African passport holders, the world is full of exciting opportunities for visa-free travel.…

1 month ago

Explore Amsterdam Like a Local: Guided Tours for a Memorable Experience

Canals weave through Amsterdam, reflecting centuries of Dutch history. This captivating capital brims with cultural…

1 month ago