{"id":8070,"date":"2026-11-05T04:29:11","date_gmt":"2026-11-05T04:29:11","guid":{"rendered":"https:\/\/www.lawayala.com\/resources\/business-litigation\/business-sale-misrepresentation-lawsuit-florida\/"},"modified":"2026-11-09T14:10:24","modified_gmt":"2026-11-09T14:10:24","slug":"business-sale-misrepresentation-lawsuit-florida","status":"publish","type":"page","link":"https:\/\/www.lawayala.com\/resources\/business-litigation\/business-sale-misrepresentation-lawsuit-florida\/","title":{"rendered":"Buyer Misrepresented Business Sale Lawsuit Florida"},"content":{"rendered":"\n<div class=\"wp-block-cover alignfull is-dark chg-hero\" style=\"min-height:460px;aspect-ratio:unset;\"><span aria-hidden=\"true\" class=\"wp-block-cover__background has-background-dim-60 has-background-dim wp-block-cover__gradient-background has-background-gradient\" style=\"background:linear-gradient(90deg,rgba(32,36,46,1) 0%,rgba(32,36,46,1) 55%,rgba(32,36,46,0.7) 100%)\"><\/span><img class=\"wp-block-cover__image-background wp-image-8069\" alt=\"Forensic accountant in reading glasses highlights payment entries in a ledger and invoices on a desk in a small manufacturing office.\" src=\"https:\/\/www.lawayala.com\/resources\/wp-content\/uploads\/2026\/11\/forensic-accountant-in-reading-glasses-highlights-payment-en-photo-3.jpg\" width=\"1376\" height=\"768\" srcset=\"https:\/\/www.lawayala.com\/resources\/wp-content\/uploads\/2026\/11\/forensic-accountant-in-reading-glasses-highlights-payment-en-photo-3-150x150.jpg 150w, https:\/\/www.lawayala.com\/resources\/wp-content\/uploads\/2026\/11\/forensic-accountant-in-reading-glasses-highlights-payment-en-photo-3-300x167.jpg 300w, https:\/\/www.lawayala.com\/resources\/wp-content\/uploads\/2026\/11\/forensic-accountant-in-reading-glasses-highlights-payment-en-photo-3-768x429.jpg 768w, https:\/\/www.lawayala.com\/resources\/wp-content\/uploads\/2026\/11\/forensic-accountant-in-reading-glasses-highlights-payment-en-photo-3-1024x572.jpg 1024w, https:\/\/www.lawayala.com\/resources\/wp-content\/uploads\/2026\/11\/forensic-accountant-in-reading-glasses-highlights-payment-en-photo-3.jpg 1376w\" sizes=\"(max-width: 825px) 825px, 100vw\" fetchpriority=\"high\" decoding=\"async\"\/><div class=\"wp-block-cover__inner-container has-global-padding is-layout-constrained wp-block-cover-is-layout-constrained\">\n<p class=\"chg-eyebrow has-base-color has-text-color wp-block-paragraph\" style=\"text-shadow:0 1px 3px rgba(0,0,0,0.6),0 0 18px rgba(0,0,0,0.35)\">Business Litigation | Tampa and Hillsborough County<\/p><h1 class=\"wp-block-heading has-base-color has-text-color\" style=\"text-shadow:0 1px 3px rgba(0,0,0,0.6),0 0 18px rgba(0,0,0,0.35)\">When a Business Sale Doesn&#x27;t Match What the Seller Told You<\/h1><p class=\"has-base-color has-text-color wp-block-paragraph\" style=\"font-size:clamp(0.875rem, 0.875rem + ((1vw - 0.2rem) * 0.625), 1.25rem);text-shadow:0 1px 3px rgba(0,0,0,0.6),0 0 18px rgba(0,0,0,0.35)\">Ayala Law PA focuses on business litigation for buyers in Tampa, Hillsborough County and the Tampa Bay area, including claims that a seller misrepresented the company being sold. Responsible attorney: Eduardo A.<\/p><div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div class=\"wp-block-button chg-cta chg-cta-call\"><a class=\"wp-block-button__link wp-element-button\" href=\"tel:+13055702208\">Book a Case Evaluation<\/a><\/div><div class=\"wp-block-button chg-cta chg-cta-form\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.lawayala.com\/contact\/\">Book a Case Evaluation<\/a><\/div><\/div>\n<\/div><\/div>\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:0.85rem;color:#6b7280;margin-bottom:1.5rem\">By Eduardo A. Maura \u00b7 Published November 4, 2026<\/p>\n\n<article lang=\"en\">\n\n\n<p>If a seller or broker gave you false facts before you bought a business, you may have a claim. In Florida, the buyer misrepresented business sale lawsuit Florida courts hear usually rests on fraudulent misrepresentation. It can also include a claim for breach of the purchase contract. Ayala Law PA focuses on business and commercial litigation in Florida courts and arbitration. The firm serves businesses in Tampa, Hillsborough County and the wider Tampa Bay area.<\/p>\n<h2>What a Business Sale Misrepresentation Lawsuit Is<\/h2>\n<p>A buyer misrepresented business sale lawsuit Florida is a claim by a buyer against a seller, and sometimes a broker. It says false statements or hidden facts led the buyer to purchase the business.<\/p>\n<p>The statements can come before closing, during talks, or in documents used to sell the company. Common sources include financial statements, sales presentations, and the seller&#8217;s answers to your questions.<\/p>\n<p>This claim fits buyers of operating companies, franchises, professional practices and asset sales. It also fits buyers who relied on representations and warranties in the purchase agreement.<\/p>\n<p>The contract matters a lot. A purchase agreement may contain promises about the business. Those promises can support a breach claim, and the same facts may support a fraud claim. Our team reviews both from the start.<\/p>\n\n<div class=\"cta-dose-mid wp-block-group has-contrast-color has-surface-background-color has-text-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-32197852 wp-block-group-is-layout-constrained\" style=\"background-color:var(--wp--preset--color--surface,#f2f3f5);color:var(--wp--preset--color--contrast,#22252b);border-radius:8px;padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem;border-left:6px solid var(--wp--preset--color--cta,currentColor);box-shadow:0 2px 10px rgba(0,0,0,0.18)\">\n<p class=\"wp-block-paragraph\">If the books don&#x27;t match what the seller showed you before closing, you may have a claim worth reviewing now. Call our team or request a case evaluation. Talk it through with our team &#8212; we can walk you through how a situation like yours is usually handled and what your options are.<\/p><div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div class=\"wp-block-button chg-cta-call\"><a class=\"wp-block-button__link wp-element-button\" href=\"tel:+13055702208\">Schedule a consultation<\/a><\/div><div class=\"wp-block-button chg-cta-form\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.lawayala.com\/contact\/\">Schedule a consultation<\/a><\/div><\/div>\n<\/div>\n\n<figure class=\"wp-block-image size-large has-custom-border\"><img decoding=\"async\" src=\"https:\/\/www.lawayala.com\/resources\/wp-content\/uploads\/2026\/10\/vintage-wooden-desk-with-a-typewriter-stacked-documents-and-photo.jpg\" alt=\"A vintage wooden desk holds a typewriter, stacked documents, and an old telephone.\" style=\"border-radius:8px;width:100%;aspect-ratio:16\/9;object-fit:cover\"\/><\/figure>\n<h2>Claims and Remedies Covered<\/h2>\n<p>Buyers usually pursue fraud-based claims, contract claims, or both. The right path depends on what was said and what the contract says.<\/p>\n<ul>\n<li><strong>Fraudulent misrepresentation or fraudulent inducement:<\/strong> false statements of past or existing fact that led you to buy.<\/li>\n<li><strong>Negligent misrepresentation:<\/strong> careless statements about the business, made without checking the facts first.<\/li>\n<li><strong>Breach of representations and warranties:<\/strong> claims that the seller broke promises written into the purchase agreement.<\/li>\n<\/ul>\n<p>Remedies can include money damages tied to your losses. In some cases, a buyer also asks a court to undo the sale. Which remedy fits depends on the contract, the timing, and whether the business can be returned.<\/p>\n<h2>Florida Elements: What You Must Be Able to Prove<\/h2>\n<p>A Florida fraud claim needs four things, as stated in a recent <a href=\"https:\/\/flcourts-media.flcourts.gov\/content\/download\/2448351\/opinion\/Opinion_2023-0673.pdf\">Florida fraud elements opinion<\/a>:<\/p>\n<ul>\n<li>A false statement about a material fact.<\/li>\n<li>The speaker knew the statement was false.<\/li>\n<li>The speaker intended you to act on it.<\/li>\n<li>You were hurt because you relied on it.<\/li>\n<\/ul>\n<p>A <a href=\"https:\/\/flcourts-media.flcourts.gov\/content\/download\/321415\/opinion\/Opinion_SC09-1508.pdf\">Florida Supreme Court fraud decision<\/a> holds that justifiable reliance is not necessary. Justifiable reliance is not a necessary element of fraudulent misrepresentation. <a href=\"https:\/\/flcourts-media.flcourts.gov\/content\/download\/321415\/opinion\/Opinion_SC09-1508.pdf\">Butler v. Yusem<\/a>, 44 So. 3d 102 (Fla. 2010)<\/p>\n<p>Promises about the future can also count. The same opinion notes a promise may be fraud if the person making it had no intention of keeping it.<\/p>\n<p>A careful contract review shows how they apply to your deal.<\/p>\n<h2>Common Examples of Misrepresentation in Business Sales<\/h2>\n<p>Misstatements in business sales often involve money, debts, licenses and customers. Watch for these issues:<\/p>\n<ul>\n<li>Revenue, profit, customer counts or contract backlog that were overstated.<\/li>\n<li>Undisclosed debts, tax bills, pending lawsuits, liens or lease defaults.<\/li>\n<li>Licenses or permits the business says it holds but does not.<\/li>\n<li>False statements about key employees or customer concentration.<\/li>\n<li>Hidden defects in equipment or real property included in the sale.<\/li>\n<\/ul>\n<p>Buyers often find these problems after closing. Cash flow or records may not match what they were shown.<\/p>\n<p>Florida also has a tax rule buyers should know. Under <a href=\"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&amp;URL=0200-0299\/0213\/Sections\/0213.758.html\">Fla. Stat. \u00a7 213.758<\/a>, a transferee, or a group of transferees acting in concert, of more than 50 percent of a business, its assets or its stock of goods is jointly and severally liable with the transferor for the payment of the tax owed to the state from the operation of the business by the transferor, up to the transferee&#8217;s maximum liability for such tax due, subject to the statute&#8217;s exceptions. That liability is capped at the buyer&#8217;s maximum liability under the statute.<\/p>\n<h2>How a Business Sale Dispute Typically Moves Forward<\/h2>\n<p>Most disputes move from document review to a written demand. From there, they go to a court case or arbitration, then to discovery and resolution.<\/p>\n<ol>\n<li><strong>Review the documents:<\/strong> letter of intent, purchase agreement, disclosure schedules, financial statements, tax returns, and sale emails.<\/li>\n<li><strong>Map the statements:<\/strong> match each claim you were told to the contract and to the records.<\/li>\n<li><strong>Send notice:<\/strong> send a written demand where the contract requires it, and keep everything in writing.<\/li>\n<li><strong>File or arbitrate:<\/strong> the purchase agreement may set the forum.<\/li>\n<li><strong>Discovery and resolution:<\/strong> records requests, depositions, and then negotiation, mediation, arbitration or trial.<\/li>\n<\/ol>\n<p>The forum matters. Under <a href=\"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&amp;URL=0600-0699\/0682\/Sections\/0682.02.html\">Fla. Stat. \u00a7 682.02<\/a>, a written arbitration agreement is valid, enforceable, and irrevocable except upon a ground that exists at law or in equity for the revocation of a contract. The court decides whether that agreement exists. Under <a href=\"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&amp;URL=0600-0699\/0682\/Sections\/0682.03.html\">Fla. Stat. \u00a7 682.03<\/a>, a court may not refuse to order arbitration because the claim seems weak.<\/p>\n<p>Venue also matters. Under <a href=\"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&amp;URL=0000-0099\/0047\/Sections\/0047.011.html\">Fla. Stat. \u00a7 47.011<\/a>, suits must be brought only in the county where the defendant resides, where the cause of action accrued, or where the property in litigation is located; this section does not apply to actions against nonresidents. For a Tampa-area sale, Hillsborough County may be one of those places.<\/p>\n<p>Deadlines apply too. Under <a href=\"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&amp;URL=0000-0099\/0095\/Sections\/0095.11.html\">Fla. Stat. \u00a7 95.11<\/a>, time limits govern actions other than for recovery of real property. Under <a href=\"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&amp;URL=0000-0099\/0095\/Sections\/0095.031.html\">Fla. Stat. \u00a7 95.031<\/a>, except as provided in subsection (2) and in <a href=\"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&amp;URL=0000-0099\/0095\/Sections\/0095.051.html\">s. 95.051<\/a> and elsewhere in these statutes, those limits run from when the cause of action accrues.<\/p>\n<p>Waiting can also hurt. <a href=\"https:\/\/flcourts-media.flcourts.gov\/content\/download\/283961\/opinion\/Opinion_12-3192.pdf\">Florida ratification ruling<\/a> explains that ratification happens when a party who could undo a deal fails to do so after learning the facts. Ratification occurs when a party entitled to rescind a voidable contract fails to do so after the discovery of facts that warrant a rescission. <a href=\"https:\/\/flcourts-media.flcourts.gov\/content\/download\/283961\/opinion\/Opinion_12-3192.pdf\">Flaherty v. Flaherty<\/a>, 128 So. 3d 920 (Fla. 2d DCA 2013)<\/p>\n<h2>Why Buyers Work With Ayala Law PA<\/h2>\n<p>Ayala Law PA focuses on <a href=\"\/resources\/business-litigation\/\">business litigation<\/a>, commercial litigation and related disputes in Florida courts and arbitration.<\/p>\n<p>The firm&#8217;s practice areas include contract disputes, shareholder disputes, construction litigation, real estate litigation and international trade litigation. Many sale disputes overlap with these areas.<\/p>\n<p>The firm&#8217;s only office is at 1646 W Snow Ave, Tampa, FL. The firm represents businesses in Tampa, Hillsborough County, Brandon, Riverview, Plant City, Temple Terrace and the Tampa Bay area from its Tampa office.<\/p>\n<p>Eduardo A. Maura is the responsible lawyer for this page. Our support staff help organize documents, and our lawyers review each matter.<\/p>\n<p>If another lawyer or firm may be better suited to your matter, we will say so.<\/p>\n\n<div class=\"cta-dose-mid wp-block-group has-contrast-color has-surface-background-color has-text-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-32197852 wp-block-group-is-layout-constrained\" style=\"background-color:var(--wp--preset--color--surface,#f2f3f5);color:var(--wp--preset--color--contrast,#22252b);border-radius:8px;padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem;border-left:6px solid var(--wp--preset--color--cta,currentColor);box-shadow:0 2px 10px rgba(0,0,0,0.18)\">\n<h3 class=\"wp-block-heading has-contrast-color has-text-color\">Not sure what your next step is?<\/h3><p class=\"wp-block-paragraph\">Talk it through with our team &#8212; we can walk you through how a situation like yours is usually handled and what your options are.<\/p><div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div class=\"wp-block-button chg-cta-call\"><a class=\"wp-block-button__link wp-element-button\" href=\"tel:+13055702208\">Schedule a consultation<\/a><\/div><div class=\"wp-block-button chg-cta-form\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.lawayala.com\/contact\/\">Schedule a consultation<\/a><\/div><\/div>\n<\/div>\n<h2>Frequently Asked Questions<\/h2><details class=\"wp-block-details chg-faq is-layout-flow wp-block-details-is-layout-flow\"><summary>Can I sue if the contract says I bought the business &#8220;as is&#8221;?<\/summary><p>A clause like that may affect your claim. Whether it bars a claim needs a careful review of the contract and the statements you relied on.<\/p><\/details><details class=\"wp-block-details chg-faq is-layout-flow wp-block-details-is-layout-flow\"><summary>Do I have to prove the seller meant to deceive me?<\/summary><p>You must show the seller knew the statement was false. Emails, drafts and records often show what the seller knew and when.<\/p><\/details><details class=\"wp-block-details chg-faq is-layout-flow wp-block-details-is-layout-flow\"><summary>Can I undo the sale?<\/summary><p>Undoing a sale, called rescission, is one possible remedy. A court looks at the contract, the timing, and whether the business can be returned.<\/p><\/details><details class=\"wp-block-details chg-faq is-layout-flow wp-block-details-is-layout-flow\"><summary>Do I have to stop running the business while I review my claim?<\/summary><p>Keep records of what you learn and when. Continuing to run the business can raise ratification arguments against you.<\/p><\/details><details class=\"wp-block-details chg-faq is-layout-flow wp-block-details-is-layout-flow\"><summary>Can the seller&#8217;s broker be liable too?<\/summary><p>A broker can face claims based on its own statements and role in the sale. Each claim turns on what that person said and did.<\/p><\/details><details class=\"wp-block-details chg-faq is-layout-flow wp-block-details-is-layout-flow\"><summary>What does the firm charge?<\/summary><p>Fee terms are explained when you contact the firm. Ask about them at that time.<\/p><\/details>\n<figure class=\"wp-block-image size-large has-custom-border\"><img decoding=\"async\" src=\"https:\/\/www.lawayala.com\/resources\/wp-content\/uploads\/2026\/10\/a-hand-holds-a-clipboard-with-an-invoice-and-pen-at-a-constr-photo.jpg\" alt=\"Hand holding a clipboard with a pen over a company invoice.\" style=\"border-radius:8px;width:100%;aspect-ratio:16\/9;object-fit:cover\"\/><\/figure>\n<h2>Talk to Ayala Law PA About Your Sale<\/h2>\n<p>If the cash flow, debts or licenses don&#8217;t match what the seller showed you, time matters. Call (305) 570-2208 or <a href=\"https:\/\/www.lawayala.com\/contact\/\">request a case evaluation<\/a>. Bring the purchase agreement, letter of intent, financial statements, tax returns and sale emails.<\/p>\n\n<\/article>\n<footer class=\"disclaimer\"><em>Attorney advertising. The information on this page is for general informational purposes only and is not legal advice; reading it does not create an attorney-client relationship with Ayala Law PA. Prior results do not guarantee a similar outcome. Ayala Law PA, 1646 W Snow Ave, Tampa, FL 33606.<\/em><\/footer>\n\n\n<div class=\"wp-block-group alignwide has-global-padding is-layout-constrained wp-container-core-group-is-layout-583d630a wp-block-group-is-layout-constrained\" style=\"padding-top:3rem;padding-bottom:3rem;padding-left:1.5rem;padding-right:1.5rem\">\n<h2 class=\"wp-block-heading has-text-align-center\">How We Approach Buyer Misrepresentation Claims<\/h2>\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-f56f613f wp-block-columns-is-layout-flex\"><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><p class=\"wp-block-paragraph\"><span class=\"chg-icon chg-icon--document\"><\/span><\/p><h3 class=\"wp-block-heading\">Review the Deal Documents<\/h3><p class=\"wp-block-paragraph\">We look closely at the purchase agreement, disclosure schedules, financial statements and the representations the seller made in writing.<\/p><\/div><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><p class=\"wp-block-paragraph\"><span class=\"chg-icon chg-icon--lightbulb\"><\/span><\/p><h3 class=\"wp-block-heading\">Trace What Was Said and Known<\/h3><p class=\"wp-block-paragraph\">Emails, drafts, listing materials and internal records can show what the seller stated and what the seller knew at the time.<\/p><\/div><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><p class=\"wp-block-paragraph\"><span class=\"chg-icon chg-icon--shield\"><\/span><\/p><h3 class=\"wp-block-heading\">Protect Your Position Early<\/h3><p class=\"wp-block-paragraph\">Early steps, including preserving records and reviewing any release or new agreement, can matter in how a dispute develops.<\/p><\/div><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><p class=\"wp-block-paragraph\"><span class=\"chg-icon chg-icon--chat\"><\/span><\/p><h3 class=\"wp-block-heading\">Clear Communication<\/h3><p class=\"wp-block-paragraph\">We explain the issues in plain language so you can make informed decisions about your business and your next steps.<\/p><\/div><\/div>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group has-contrast-color has-surface-background-color has-text-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-32197852 wp-block-group-is-layout-constrained\" style=\"background-color:var(--wp--preset--color--surface,#f2f3f5);color:var(--wp--preset--color--contrast,#22252b);border-radius:8px;padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem;border-left:6px solid var(--wp--preset--color--cta,currentColor);box-shadow:0 2px 10px rgba(0,0,0,0.18)\">\n<h3 class=\"wp-block-heading has-contrast-color has-text-color\">Before You Sign Anything Else<\/h3><div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div class=\"wp-block-button chg-cta-call\"><a class=\"wp-block-button__link wp-element-button\" href=\"tel:+13055702208\">Book a Case Evaluation<\/a><\/div><div class=\"wp-block-button chg-cta-form\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.lawayala.com\/contact\/\">Book a Case Evaluation<\/a><\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-surface-background-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-583d630a wp-block-group-is-layout-constrained\" style=\"padding-top:3rem;padding-bottom:3rem;padding-left:1.5rem;padding-right:1.5rem\">\n<h2 class=\"wp-block-heading has-text-align-center\">Issues We Often See in Business Sale Disputes<\/h2>\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-f56f613f wp-block-columns-is-layout-flex\"><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-group has-base-background-color has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"border-radius:8px;box-shadow:0 4px 14px rgba(0,0,0,0.08);padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem\"><h3 class=\"wp-block-heading\">Financial Statements<\/h3><p class=\"wp-block-paragraph\">Revenue, profit or cash flow figures that do not reflect how the business actually performed.<\/p><\/div><\/div><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-group has-base-background-color has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"border-radius:8px;box-shadow:0 4px 14px rgba(0,0,0,0.08);padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem\"><h3 class=\"wp-block-heading\">Undisclosed Liabilities<\/h3><p class=\"wp-block-paragraph\">Debts, tax issues, lawsuits or obligations that the seller did not reveal before closing.<\/p><\/div><\/div><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-group has-base-background-color has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"border-radius:8px;box-shadow:0 4px 14px rgba(0,0,0,0.08);padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem\"><h3 class=\"wp-block-heading\">Customer and Contract Representations<\/h3><p class=\"wp-block-paragraph\">Statements about key customers, contracts, licenses or the status of agreements the business depends on.<\/p><\/div><\/div><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-group has-base-background-color has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"border-radius:8px;box-shadow:0 4px 14px rgba(0,0,0,0.08);padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem\"><h3 class=\"wp-block-heading\">Warranties in the Purchase Agreement<\/h3><p class=\"wp-block-paragraph\">Promises the seller made in the agreement that the business is accurately described and that its records are complete.<\/p><\/div><\/div><\/div>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-base-color has-primary-background-color has-text-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-4d466591 wp-block-group-is-layout-constrained\" style=\"background-color:var(--wp--preset--color--primary,#20242e);color:var(--wp--preset--color--base,#ffffff);padding-top:3rem;padding-bottom:3rem;padding-left:1.5rem;padding-right:1.5rem\">\n<h2 class=\"wp-block-heading has-text-align-center has-base-color has-text-color\">Talk With Ayala Law PA About Your Business Sale Dispute<\/h2>\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-0aa01211 wp-block-buttons-is-layout-flex\"><div class=\"wp-block-button chg-cta chg-cta-call\"><a class=\"wp-block-button__link wp-element-button\" href=\"tel:+13055702208\">Call (305) 570-2208 or Book a Case Evaluation<\/a><\/div><div class=\"wp-block-button chg-cta chg-cta-form\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.lawayala.com\/contact\/\">Call (305) 570-2208 or Book a Case Evaluation<\/a><\/div><\/div>\n<\/div>\n\n<!-- chg:section-siblings -->\n<nav aria-label=\"More in this section\">\n<h2>More in this section<\/h2>\n<ul><li><a href=\"\/resources\/business-litigation\/can-a-customer-refuse-to-pay-for-work-i-already-finished-tampa\/\">Can a Customer Refuse to Pay for Work I Already Finished Tampa<\/a><\/li><li><a href=\"\/resources\/business-litigation\/can-a-seller-back-out-of-a-contract-in-florida\/\">can a seller back out of a contract in florida<\/a><\/li><li><a href=\"\/resources\/business-litigation\/can-directors-be-held-personally-liable-for-company-debts\/\">Can directors be held personally liable for company debts?<\/a><\/li><li><a href=\"\/resources\/business-litigation\/can-i-sue-a-business-for-breaking-a-contract-in-florida\/\">Can I Sue a Business for Breaking a Contract in Florida<\/a><\/li><li><a href=\"\/resources\/business-litigation\/can-you-sue-a-commercial-landlord\/\">Can you sue a commercial landlord?<\/a><\/li><\/ul>\n<\/nav>\n<!-- \/chg:section-siblings -->","protected":false},"excerpt":{"rendered":"<p>Bought a business based on false figures or hidden debts? Learn what Florida buyers must prove and how a misrepresentation lawsuit starts. Call Ayala Law PA.<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":1563,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"chg_review":"","chg_sendback":"","chg_canonical":"","chg_lang":"","chg_hreflang":"[{\"hreflang\": \"en\", \"href\": \"https:\/\/www.lawayala.com\/resources\/business-litigation\/business-sale-misrepresentation-lawsuit-florida\/\"}, {\"hreflang\": \"es\", \"href\": \"https:\/\/www.lawayala.com\/resources\/es\/litigios-comerciales\/demanda-venta-negocio-florida\/\"}, {\"hreflang\": \"x-default\", \"href\": \"https:\/\/www.lawayala.com\/resources\/business-litigation\/business-sale-misrepresentation-lawsuit-florida\/\"}]","chg_jsonld":"[{\"name\": \"Business Sale Misrepresentation Litigation in Florida\", \"@type\": [\"Service\", \"FAQPage\"], \"about\": [{\"@type\": \"Thing\", \"name\": \"Shareholder\", \"sameAs\": \"https:\/\/en.wikipedia.org\/wiki\/Shareholder\"}, {\"@type\": \"Thing\", \"name\": \"Contract\", \"sameAs\": \"https:\/\/en.wikipedia.org\/wiki\/Contract\"}], \"@context\": \"https:\/\/schema.org\", \"audience\": {\"@type\": \"BusinessAudience\", \"audienceType\": \"Business buyers and owners evaluating a post-closing or pre-closing sale dispute\"}, \"provider\": {\"@type\": \"Organization\", \"@id\": \"https:\/\/www.lawayala.com\/resources\/#organization\", \"name\": \"Ayala Law PA\", \"url\": \"https:\/\/www.lawayala.com\/\"}, \"speakable\": {\"@type\": \"SpeakableSpecification\", \"cssSelector\": [\"article > p:first-of-type\", \".wp-block-details p\", \"article > h1\"]}, \"areaServed\": [{\"name\": \"Tampa Bay area\", \"@type\": \"AdministrativeArea\"}, {\"name\": \"Hillsborough County, Florida\", \"@type\": \"AdministrativeArea\"}, {\"name\": \"Tampa, Florida\", \"@type\": \"City\"}, {\"name\": \"Brandon, Florida\", \"@type\": \"City\"}, {\"name\": \"Riverview, Florida\", \"@type\": \"City\"}, {\"name\": \"Plant City, Florida\", \"@type\": \"City\"}, {\"name\": \"Temple Terrace, Florida\", \"@type\": \"City\"}], \"description\": \"Guidance for business buyers who believe a seller or broker gave false or incomplete information before or during a sale. The page explains the Florida elements of fraudulent misrepresentation, related claims for fraudulent concealment, negligent misrepresentation and breach of purchase agreement representations and warranties, available remedies including damages and rescission, the evidence that matters, and how a dispute typically moves from initial review to demand, filing or arbitration, and resolution.\", \"serviceType\": \"Business and commercial litigation\", \"termsOfService\": \"Legal information only. Outcomes depend on the facts and the governing contract. No result is promised.\", \"mentions\": [{\"@type\": \"Thing\", \"name\": \"Fraud\", \"sameAs\": \"https:\/\/en.wikipedia.org\/wiki\/Fraud\"}, {\"@type\": \"Thing\", \"name\": \"Arbitration\", \"sameAs\": \"https:\/\/en.wikipedia.org\/wiki\/Arbitration\"}, {\"@type\": \"Thing\", \"name\": \"Mediation\", \"sameAs\": \"https:\/\/en.wikipedia.org\/wiki\/Mediation\"}, {\"@type\": \"Thing\", \"name\": \"Lawsuit\", \"sameAs\": \"https:\/\/en.wikipedia.org\/wiki\/Lawsuit\"}, {\"@type\": \"Thing\", \"name\": \"Damages\", \"sameAs\": \"https:\/\/en.wikipedia.org\/wiki\/Damages\"}], \"author\": {\"@type\": \"Person\", \"name\": \"Eduardo A. Maura\", \"url\": \"https:\/\/www.lawayala.com\/eduardo-a-maura\/\", \"jobTitle\": \"Attorney\", \"worksFor\": {\"@type\": \"Organization\", \"@id\": \"https:\/\/www.lawayala.com\/resources\/#organization\", \"name\": \"Ayala Law PA\", \"url\": \"https:\/\/www.lawayala.com\/\"}}, \"publisher\": {\"@type\": \"Organization\", \"@id\": \"https:\/\/www.lawayala.com\/resources\/#organization\", \"name\": \"Ayala Law PA\", \"url\": \"https:\/\/www.lawayala.com\/\"}, \"reviewedBy\": {\"@type\": \"Person\", \"name\": \"Eduardo A. Maura\", \"url\": \"https:\/\/www.lawayala.com\/eduardo-a-maura\/\", \"jobTitle\": \"Attorney\", \"worksFor\": {\"@type\": \"Organization\", \"@id\": \"https:\/\/www.lawayala.com\/resources\/#organization\", \"name\": \"Ayala Law PA\", \"url\": \"https:\/\/www.lawayala.com\/\"}}, \"inLanguage\": \"en\", \"mainEntity\": [{\"@type\": \"Question\", \"name\": \"Can I sue if the contract says I bought the business \\\"as is\\\"?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"A clause like that may affect your claim. Whether it bars a claim needs a careful review of the contract and the statements you relied on.\"}}, {\"@type\": \"Question\", \"name\": \"Do I have to prove the seller meant to deceive me?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"You must show the seller knew the statement was false. Emails, drafts and records often show what the seller knew and when.\"}}, {\"@type\": \"Question\", \"name\": \"Can I undo the sale?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"Undoing a sale, called rescission, is one possible remedy. A court looks at the contract, the timing, and whether the business can be returned.\"}}, {\"@type\": \"Question\", \"name\": \"Do I have to stop running the business while I review my claim?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"Keep records of what you learn and when. Continuing to run the business can raise ratification arguments against you.\"}}, {\"@type\": \"Question\", \"name\": \"Can the seller's broker be liable too?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"A broker can face claims based on its own statements and role in the sale. Each claim turns on what that person said and did.\"}}, {\"@type\": \"Question\", \"name\": \"What does the firm charge?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"Fee terms are explained when you contact the firm. Ask about them at that time.\"}}]}, {\"@context\": \"https:\/\/schema.org\", \"@type\": \"BreadcrumbList\", \"itemListElement\": [{\"@type\": \"ListItem\", \"position\": 1, \"name\": \"Home\", \"item\": \"https:\/\/www.lawayala.com\/resources\/\"}, {\"@type\": \"ListItem\", \"position\": 2, \"name\": \"Business Litigation\", \"item\": \"https:\/\/www.lawayala.com\/resources\/business-litigation\/\"}, {\"@type\": \"ListItem\", \"position\": 3, \"name\": \"Buyer Misrepresented Business Sale Lawsuit Florida\", \"item\": \"https:\/\/www.lawayala.com\/resources\/business-litigation\/business-sale-misrepresentation-lawsuit-florida\/\"}]}]","chg_meta_description":"Bought a business based on false figures or hidden debts? Learn what Florida buyers must prove and how a misrepresentation lawsuit starts. Call Ayala Law PA.","footnotes":""},"class_list":["post-8070","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.lawayala.com\/resources\/wp-json\/wp\/v2\/pages\/8070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lawayala.com\/resources\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.lawayala.com\/resources\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.lawayala.com\/resources\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lawayala.com\/resources\/wp-json\/wp\/v2\/comments?post=8070"}],"version-history":[{"count":5,"href":"https:\/\/www.lawayala.com\/resources\/wp-json\/wp\/v2\/pages\/8070\/revisions"}],"predecessor-version":[{"id":9577,"href":"https:\/\/www.lawayala.com\/resources\/wp-json\/wp\/v2\/pages\/8070\/revisions\/9577"}],"up":[{"embeddable":true,"href":"https:\/\/www.lawayala.com\/resources\/wp-json\/wp\/v2\/pages\/1563"}],"wp:attachment":[{"href":"https:\/\/www.lawayala.com\/resources\/wp-json\/wp\/v2\/media?parent=8070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}