Duty to Inform
/ˈdjuːti tuː ɪnˈfɔːrm/
Definitions
- (n.) An obligation imposed by law or contract to disclose material information to another party.
The agent breached the duty to inform when failing to disclose the known defects in the property.
- (n.) A fiduciary responsibility requiring one party to provide information necessary for informed decision-making by the other party.
Directors have a duty to inform shareholders of significant corporate developments.
Forms
- duty to inform
Related terms
See also
Commentary
The duty to inform often arises in fiduciary and contractual contexts and requires careful consideration of what constitutes 'material' information necessitating disclosure.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.