fraud in the inducement

fraud in the inducement
fraud in the inducement see fraud

Merriam-Webster’s Dictionary of Law. . 1996.

fraud in the inducement
n.
Fraud in which a person is misled about the details of a transaction or contract and enters into an agreement under a false impression about what is involved.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


fraud in the inducement
The use of deceit or trick to cause someone to act to his or her disadvantage, such as signing an agreement or deeding away real property. The heart of this type of fraud is misleading the other party as to the facts upon which that person will base his or her decision to act. Example: "There will be tax advantages to you if you let me take title to your property," or "You don't have to read the rest of the contract — it is just routine legal language" but actually includes a balloon payment.
Category: Business, LLCs & Corporations

Nolo’s Plain-English Law Dictionary. . 2009.

fraud in the inducement
n.
   the use of deceit or trick to cause someone to act to his/her disadvantage, such as signing an agreement or deeding away real property. The heart of this type of fraud is misleading the other party as to the facts upon which he/she will base his/her decision to act. Example: "there will be tax advantages to you if you let me take title to your property," or "you don't have to read the rest of the contract-it is just routine legal language" but actually includes a balloon payment.
   See also: extrinsic fraud, fraud

Law dictionary. . 2013.

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Look at other dictionaries:

  • fraud in the inducement — Fraud exercised in inducing the signing of an instrument. Gomillion v Forsythe, 218 SC 211, 62 SE2d 297, 53 ALR2d 169 …   Ballentine's law dictionary

  • fraud in the inducement — noun fraud which intentionally causes a person to execute and instrument or make an agreement or render a judgment; e.g., misleading someone about the true facts • Hypernyms: ↑fraud …   Useful english dictionary

  • fraud — n [Latin fraud fraus] 1 a: any act, expression, omission, or concealment calculated to deceive another to his or her disadvantage; specif: a misrepresentation or concealment with reference to some fact material to a transaction that is made with… …   Law dictionary

  • inducement — in·duce·ment /in düs mənt, dyüs / n 1: factual matter presented by way of introduction or background to explain the principal allegations of a legal cause (as of slander or libel) compare innuendo 2: a significant offer or act that promises or… …   Law dictionary

  • fraud — An intentional perversion of truth for the purpose of inducing another in reliance upon it to part with some valuable thing belonging to him or to surrender a legal right. A false representation of a matter of fact, whether by words or by conduct …   Black's law dictionary

  • fraud — An intentional perversion of truth for the purpose of inducing another in reliance upon it to part with some valuable thing belonging to him or to surrender a legal right. A false representation of a matter of fact, whether by words or by conduct …   Black's law dictionary

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