French valuations: fraud

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olive
Posts: 1588
Joined: Mon May 28, 2007 7:50 am

French valuations: fraud

Post by olive »

I've just been rerading a decision concerning an estate agent who valued a property at 340 000 francs, bought it herself and sold it several months later for 620 000 francs. Happily, we find that she was condemned for fraud (the details are complex).
Sellers beware false valuations (especially if the agent wants to buy it..)