Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Oklahoma Supreme Court Makes square footage a material fact
The Oklahoma Surpeme Court recently ruled that square footage is a material fact and that a BUYER can RELY on what a real estate agent tells them regarding square footage as a fact. Because of the ruling any lawsuits based on what someone belives is an erroroneous representation of the size will go to a jury trial and not a summary ruling by a judge. This is now the LAW. Therefore quoting square footage incorrectly is considered FRAUD. Since the ruling, as you would expect, the number of lawsuits based on this have increased. If you are on the wrong side of a ruling as a Realtor you also have no E&O insurance since fraud is an exception.
Okay, since the Supreme Court is not going to listen to me, this becomes the only forum I can vent with. Square footage is like The Theory of Evolution. Doesn't mean it is not true, it just means that in science new discovery is ongoing and to stop changing would be to negate the science. We have a website I pay for called REDLINK. I can go there and find all the registered appraisals on a property. Guess what and I knew you would get ... more

__________________________________________________
Are you on The Rain? Grow Your Network!