If a real estate agent make a misrepresentation saying the buyer's property would be in school's zone and that the marketing of the property said it had elevated views. they paid the deposit for the house $50, 000 and needed to pay $200,000 later on

but later found out that the house was not in the school zone and there was plans to make building that could block their view.

then they decide not to purchase the property.

1. what grounds do they have in order to receive the $50,000 back (25 marks)
2. are they obliged to pay the remaining $200,000 to the vendor at settlement (10 marks)