Under the New Jersey Consumer Fraud Act (N.J.S.A. 56:8-1 et seq.), a buyer who successfully proves that a seller or licensee engaged in consumer fraud in connection with a real estate transaction is entitled to which of the following remedies that is unique to this statute?
Correct Answer
B) Treble damages and attorney's fees, in addition to any actual damages proven
The New Jersey Consumer Fraud Act (N.J.S.A. 56:8-1 et seq.) is notable for its powerful consumer remedies. A plaintiff who proves a violation is entitled to treble damages — that is, three times the actual damages suffered — plus reasonable attorney's fees and costs. This makes the Consumer Fraud Act a particularly potent tool for buyers harmed by deceptive practices, misrepresentation, or knowing concealment in real estate transactions.
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