462. Misrepresentation by agent.

A misrepresentation by an agent in the course of his employment has the same effect as if it were made by the principal, even though made without his knowledge or approval and whether or not made for the principal's benefit1. An agent employed to find a buyer has implied authority to describe the nature and the value of the property2 and to disclose any restrictive covenants which affect it3. The buyer must prove that either the seller or his agent was aware of the true facts4, but, in the absence of fraud by the principal, knowledge by him of