Ben and Amanda are interested in a vacant, undeveloped lot. They are going to continue to live in their current home, pay off the lot's loan, and then build a new home on the lot. Before closing on the purchase of the lot, they discover the zoning regulations permit nightclubs to be built in the immediate area. They specifically asked the broker about this issue and were told there was no reason to worry. What are Ben and Amanda's options, if any

Misleading a buyer, whether it's been done intentionally or unintentionally, could be a breach of the Misrepresentation Act which is a common law fraud.

The right of rescission is a legal right, that a consumer may use if he found that he has been deceived by the broker or seller by giving the false statements and misrepresentation about the property they are going to purchase.

They have the right that they can cancel the agreement and rescind the payment as well. It gives them three days to rescind an agreement and get your money back.

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