Definition : Fraud

Maneuver used to mislead a person to obtain consent. Without this maneuver, the other party would not have contracted or would have contracted under different terms. The fraud may result, for example, from information known to a selling co-owner, but which the latter has preferred to silence, in order to obtain the agreement of a potential buyer to conclude his sale.

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An apartment held in divided co-ownership caught your attention. You seriously consider buying it, but before making a commitment, you would like more information about the neighborhood. To obtain additional information to that supplied by the co-owner seller, it will often be necessary to conduct your own survey. This is important on account of the possibility of abnormal neighborhood annoyances caused by noise, odors and smoke, the main cause of co-owners’ conflicts.
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