Question

One of the major risk areas in advertising a listed property is that an advertisement will

Answer 1

Answer: d. make a substantial misrepresentation

Explanation:

The housing market is a competitive one and sellers are always trying to get the best deals so that they can make the most money. As a result, they are often tempted to lie about the property they are selling. This could be in the form adding features the house does not have or hiding defects.

This is called misrepresentation because they are presenting false or misleading details on the property and it is a major risk factor when it comes to listed properties.