Puffing in real estate refers to exaggerated statements made by a real estate agent or broker about a property in order to make it more appealing to potential buyers. These statements may include exaggerations about the property's features or potential future value.
Puffing is not necessarily illegal, as long as the statements do not constitute outright fraud or misrepresentation. However, it can be considered unethical and can lead to legal consequences if the statements are misleading and ultimately influence a buyer's decision to purchase the property.
Buyers should be wary of puffing when considering a property and should conduct thorough due diligence to verify the accuracy of any statements made by a real estate agent or broker. It is always recommended to have a third-party inspection done on the property to ensure that it meets your expectations and does not have any hidden issues.
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