An agent tells a prospect that a condo is 'the best value in town' and 'absolutely charming.' What is that type of statement usually called?
Correct Answer
B) Puffing
Puffing is correct because the facts match an opinion or sales talk that is not a factual representation of material property condition. That is the best description of the relationship, right, or legal concept tested here.
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During a showing, the agent knows the basement regularly floods after heavy rain because of a hidden drainage problem. Which label best describes that information?
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Natalie Perry tells the listing agent to stop showing the property after a family emergency, and the instruction is lawful. Which fiduciary duty requires the agent to follow that instruction?