Square footage continues to be a frequently litigated matter. Regardless of blanket disclaimers, buyers can often build a case on the basis they have been negligently or fraudulently misleading.
Best Practice: Agents should always have a justifiable basis for the square footage they put in the MLS and marketing materials, and should be certain to get a written acknowledgment from buyers that they have gotten all of the estimates known by the seller
and the agents.
Published by the Norco College Real Estate Program with the support of the Real Estate Programs of Saddleback College and Mount San Antonio College and the California Community College Real Estate Education Center.
