Last reviewed 08-20-2026Short-Sale.com Editorialglossary
MATERIAL FACT
California Department of Real Estate
Updated 08-20-2026
MATERIAL FACT
A fact is material if it is one which the agent should realize would be likely to affect the judgment of the principal in giving his or her consent to the agent to enter into the particular transaction on the specified terms.
California Department of Real Estate Glossary
California Department of Real Estate · p. 21
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