Ind. Code § 25-34.1-10-16

Liability for misrepresentation

Known as the Real Estate Broker Licensing Act

The act spans §§ 25-34.1-10-0.5 to 25-34.1-9-9 (164 sections).

As added by P.L.128-1994, SEC.6

Sec. 16. (a) A client is not liable for any misrepresentation made by a licensee in connection with the agency relationship, unless the client knew or should have known of the misrepresentation.

(b) A licensee is not liable for any misrepresentation made by another licensee, unless the licensee knew or should have known of the other licensee's misrepresentation.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.