Question
A licensee represents the seller of a commercial property. A licensee tells the buyer a new highway exit ramp will be built within 6 months
A licensee represents the seller of a commercial property. A licensee tells the buyer a
new highway exit ramp will be built within 6 months to give access to the property
although he knows that this is only one of several possibilities considered by local
planners. The exit ramp is subsequently located elsewhere. Could the licensee be liable
to the buyer for the statement of the ramp:
A.No, the statement was the licensee's opinion
B.No, the licensee cannot be held liable for the planning district
C.Yes, the statement was unjustifiable puffing
D.Yes, this is a material misrepresentation
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