California Real Estate Practice Exam

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In the sale of a house, for which statement is a broker least likely to be held liable?

This house has a million-dollar view.
This house is guaranteed to increase in value.
This property is zoned for commercial use.
This property has no history of termite problems.

The correct answer is: This house has a million-dollar view.

A broker is least likely to be held liable for stating that "This house has a million-dollar view". While it may be an attractive feature of the house, it is not a legally binding statement and does not guarantee the accuracy of the statement. On the other hand, B, C, and D all make specific claims about the property that could potentially be false or misleading. Stating guarantees about the value or zoning of a property, or claiming there are no termite problems, could result in legal consequences for a broker if they are not true. Therefore, A is the least likely statement for a broker to be held liable for.