Humber/Ontario Real Estate Course 2 Exam Practice

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Prepare for the Ontario Real Estate Exam with our comprehensive Humber Course 2 Exam Practice quiz. Engage with multiple choice questions and detailed explanations, designed to help you excel.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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A salesperson must provide a written statement of the services provided if dealing with:

An exclusive buyer representation agreement.
A non-exclusive buyer representation agreement.
A seller representation agreement only.
A referral agreement.
Both exclusive and non-exclusive representation agreements.
Any type of buyer or seller representation agreement.

The correct answer is: Both exclusive and non-exclusive representation agreements.

When dealing with both exclusive and non-exclusive buyer representation agreements, a salesperson is required to provide a written statement of the services that will be provided. This is important because it ensures that both the client and the salesperson are clear on the services that will be offered, helping to avoid misunderstandings or disputes in the future. Options A, B, C, D, and F are not the correct choices because they do not cover both exclusive and non-exclusive representation agreements. In these cases, the requirement for a written statement of services provided may not apply, as it specifically pertains to situations where both types of representation agreements are involved.