EstatePass
Practice Of Real Estate DisclosuresAdvertising_and_ethicsMEDIUM

A California salesperson runs two advertisements. One calls him "Your Neighborhood's Most Ethical Agent". The other describes a 40-acre parcel as having county-approved road access, which he knows it does not have.

Correct Answer

A) The road access claim is the one section 10140 reaches

Business and Professions Code 10140 reaches a false or fraudulent statement or representation concerning land offered for sale, which is what the road access claim is. Other choices: the tagline is a claim about the agent rather than about land, and the section is not framed to catch it; treating both as prohibited assumes an unsubstantiated-claims rule the section does not contain; and calling both matters of opinion ignores that a knowingly false statement about the parcel is exactly the conduct named.

Answer Options
A
The road access claim is the one section 10140 reaches
B
Both are prohibited, since each makes a claim he cannot prove
C
Neither is prohibited, as advertising claims are matters of opinion
D
The Most Ethical Agent tagline is the one section 10140 reaches

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Practice Of Real Estate Disclosures Question

Sign up free to unlock full analysis

Background Knowledge for Practice Of Real Estate Disclosures

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Practice Of Real Estate Disclosures

Sign up free to unlock full analysis

Common Mistakes to Avoid on Practice Of Real Estate Disclosures Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Key Terms:

advertisingsloganhonest_agentself_promotionBP_Code_10140.6

Related Concepts

Megan's Law requires states to make information about registered sex offenders available to the public. Some states require real estate agents to inform buyers about the availability of sex offender registries.

Mold disclosure involves informing buyers about the presence of mold or conditions that are conducive to mold growth in a property. While no federal mold disclosure law exists, many states require disclosure of known mold issues.

A property condition disclosure is a written statement by the seller detailing the known condition of the property, including defects, repairs, and issues with major systems. Most states require sellers to complete this form.

Was this explanation helpful?

More Practice Of Real Estate Disclosures Questions

People Also Study

Related Articles

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing