Agency
What is 'puffing' and is it considered misrepresentation in Nevada real estate?
AA licensed agent inflating property values; it is always fraud
BSubjective or exaggerated statements of opinion (e.g., 'best view in the city') that are not factual claims; generally not actionable misrepresentation✓ Correct
CA contractor adding unnecessary costs to a repair estimate
DAn agent misrepresenting the square footage of a home
Explanation
Puffing is the use of exaggerated, subjective opinions ('best neighborhood in Las Vegas') that a reasonable person would not rely on as fact. It is generally not considered legally actionable misrepresentation.
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Key Terms to Know
Agency
A legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
Dual AgencyA situation where a single real estate agent or brokerage represents both the buyer and the seller in the same transaction.
Fiduciary DutyThe highest legal duty an agent owes to a principal — requiring the agent to act in the principal's best interest above all others.
Listing AgreementA contract between a property owner and a real estate broker that authorizes the broker to market and sell the property.
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