B. To state a claim for fraud, Plaintiff must allege that: (1) there was a misrepresentation of a material fact; (2) Defendant knew the falsity of the representation; (3) Defendant made the representation intending that she would rely on it in doing an act desired by the Defendant; and (4) Plaintiff's reliance caused damage. Myers v. Myers, 652 So. 2d 1214, 1215 (Fla. Dist. Ct. App. 1995) (citing Joiner v. McCullers, 28 So. 2d 823 (Fla. 1947)). Allegations are insufficient if they are too general, vague or conclusory. Id. (citing Beckler v. Hoffman, 550 So. 2d 68, 70 (Fla. Dist. Ct. App. 1989)). If the elements are not pled, they may not be inferred from the context of the allegations. Id. at 1215-16 (citing Magner v. Merrill Lynch Realty/MCK, Inc., 585 So. 2d 1040, 1043 (Fla. Dist. Ct. App. 1991)).
To make a prima facie showing of fraud, "[t]hese matters must be alleged with sufficient particularity so that the trial judge in reviewing the ultimate facts alleged may rule as a matter of law whether or not the facts alleged are sufficient as the factual basis for the inferences the pleader seeks to draw and are sufficient to state a cause of action." Beckler v. Hoffman, 550 So.2d 68, 71 (Fla. 5th DCA 1989). Pacific, a sophisticated developer in the business of investing millions of dollars in commercial property, was engaged in an arm's length transaction.
Joiner v. McCullers, 158 Fla. 562, 28 So.2d 823 (1947). Allegations contained in a pleading are insufficient if they are too general, vague or conclusory. Beckler v. Hoffman, 550 So.2d 68, 70 (Fla. 5th DCA 1989). Where the elements of a cause of action are not pled, they may not be inferred from the context of the allegations. Magner v. Merrill Lynch Realty/MCK, Inc., 585 So.2d 1040, 1043 (Fla. 4th DCA 1991), rev. denied, 598 So.2d 77 (Fla. 1992).