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(Solved): A broker took a listing on an 8-unit apartment house and stated that it showed a 14% yield on the in ...
A broker took a listing on an 8-unit apartment house and stated that it showed a 14% yield on the investment. In figuring the yield, the broker unknowingly did not allow for maintenance expenses or a vacancy factor. A buyer purchased the property based on the broker's analysis. Which of the following best describes this particular violation of real estate law?