Misleading and deceptive conduct essentially involves providing a purchaser with false or misleading information as well as failing to provide or omitting significant information. A person does not have to intentionally mislead or deceive to be guilty of the practice and to be fined for doing so.
This is particularly important for you as a property investment advisor. In addition to doing your own due diligence, it is crucial that you ensure all material information is disclosed and to the best of your ability, you have outlined any recommended property completely. Keeping detailed and very accurate notes about everything you say to a client and everything they say to you, along with having the client sign those notes to agree that it is an accurate summary is good practice. It will assist in some way in the event you are accused of misleading and deceptive conduct.