{"id":1472,"date":"2022-03-28T11:51:36","date_gmt":"2022-03-28T11:51:36","guid":{"rendered":"https:\/\/crowdsourcelawyers.com\/statutes-california-laws\/?page_id=1472"},"modified":"2022-06-17T19:13:47","modified_gmt":"2022-06-17T19:13:47","slug":"civ-3343-fraudulent-property-sales","status":"publish","type":"page","link":"https:\/\/crowdsourcelawyers.com\/california-statutes\/california-statutes\/civ-3343-fraudulent-property-sales\/","title":{"rendered":"CIV 3343 Fraudulent property sales"},"content":{"rendered":"\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-l4itwkcp-9a708964c49fa1147c114975318337c4\">\n#top .av-special-heading.av-l4itwkcp-9a708964c49fa1147c114975318337c4{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-l4itwkcp-9a708964c49fa1147c114975318337c4 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-l4itwkcp-9a708964c49fa1147c114975318337c4 .av-subheading{\nfont-size:22px;\n}\n<\/style>\n<div  class='av-special-heading av-l4itwkcp-9a708964c49fa1147c114975318337c4 av-special-heading-h1 blockquote modern-quote  avia-builder-el-0  el_before_av_hr  avia-builder-el-first '><div class='av-subheading av-subheading_above'><p>California<\/p>\n<\/div><h1 class='av-special-heading-tag '  itemprop=\"headline\"  >Civil Code &#8211; CIV \u00a7\u20023343<\/h1><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_hr-3a876428eececa9d35452247ddb053af\">\n#top .hr.hr-invisible.av-av_hr-3a876428eececa9d35452247ddb053af{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-av_hr-3a876428eececa9d35452247ddb053af hr-invisible  avia-builder-el-1  el_after_av_heading  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<section  class='av_textblock_section av-av_textblock-e878f05c31dff72941bf1e49a00d9ff5 '   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class='avia_textblock'  itemprop=\"text\" ><h2 class=\"SS_Banner\">CIV \u00a7\u2002<span class=\"SS_prior SS_SH\">3343. <\/span>Fraudulent property sales<\/h2>\n<p><strong>(a)<\/strong> One defrauded in the purchase, sale or exchange of property is entitled to recover the difference between the actual value of that with which the defrauded person parted and the actual value of that which he received, together with any additional damage arising from the particular transaction, including any of the following:<\/p>\n<p style=\"padding-left: 40px;\">(1) Amounts actually and reasonably expended in reliance upon the fraud.<br \/>\n(2) An amount which would compensate the defrauded party for loss of use and enjoyment of the property to the extent that any such loss was proximately caused by the fraud.<br \/>\n(3) Where the defrauded party has been induced by reason of the fraud to sell or otherwise part with the property in question, an amount which will compensate him for profits or other gains which might reasonably have been earned by use of the property had he retained it.<br \/>\n(4) Where the defrauded party has been induced by reason of the fraud to purchase or otherwise acquire the property in question, an amount which will compensate him for any loss of profits or other gains which were reasonably anticipated and would have been earned by him from the use or sale of the property had it possessed the characteristics fraudulently attributed to it by the party committing the fraud, provided that lost profits from the use or sale of the property shall be recoverable only if and only to the extent that all of the following apply:<\/p>\n<p style=\"padding-left: 80px;\">(i) The defrauded party acquired the property for the purpose of using or reselling it for a profit.<br \/>\n(ii) The defrauded party reasonably relied on the fraud in entering into the transaction and in anticipating profits from the subsequent use or sale of the property.<br \/>\n(iii) Any loss of profits for which damages are sought under this paragraph have been proximately caused by the fraud and the defrauded party\u2019s reliance on it.<\/p>\n<p><strong>(b)<\/strong> Nothing in this section shall do either of the following:<\/p>\n<p style=\"padding-left: 40px;\">(1) Permit the defrauded person to recover any amount measured by the difference between the value of property as represented and the actual value thereof.<br \/>\n(2) Deny to any person having a cause of action for fraud or deceit any legal or equitable remedies to which such person may be entitled.<\/p>\n<p style=\"padding-left: 40px;\">\n<hr \/>\n<p><strong>History<\/strong><\/p>\n<p>Added Stats 1935 ch 536 \u00a7 1 p 1612. Amended Stats 1971 ch 943 \u00a7 1.<\/p>\n<hr \/>\n<p>3343<\/p>\n<hr \/>\n<p><a href=\"https:\/\/crowdsourcelawyers.com\/\">CrowdSourceLawyers.com<\/a><\/p>\n<\/div><\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":3,"featured_media":0,"parent":2019,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-1472","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CIV 3343 Fraudulent property sales - California Statutes<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/crowdsourcelawyers.com\/california-statutes\/california-statutes\/civ-3343-fraudulent-property-sales\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CIV 3343 Fraudulent property sales - 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