New York State Real Estate Salesperson Licensing Exam

When advertising a property, what must be included if the ad states the property is near a geographical area?

1. A general description of nearby landmarks

2. The name of the geographical area where the property is actually located

3. The distance to the geographical area

4. The amenities available in the geographical area

The correct answer is: The name of the geographical area where the property is actually located

When advertising a property, it is crucial to include the name of the geographical area where the property is actually located if the ad states that the property is near that area. This requirement aims to ensure accuracy and transparency in real estate marketing. It helps potential buyers or renters understand precisely where the property is positioned in relation to the geographical landmark mentioned. Including this information also prevents any potential misrepresentation or confusion regarding the location of the property, which could lead to misunderstandings about the property's actual proximity to desirable areas. Thus, providing the proper location by using the geographical name is key to promoting ethical practices in real estate advertising.