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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For rural land sales outside a planned subdivision, what must an owner consider?

  1. Complete an agreement without requiring current lot physical existence since the Planning Act doesn't apply.

  2. The sale is automatically valid, provided the land is less than six acres.

  3. Exceptional legal frameworks for rural sales beyond subdivision plans.

  4. Require municipal notification post-closing.

  5. Complete the sale only after gaining planning consent confirmation.

  6. Avoid compliance with Planning Act entirely due to rural distinctions.

The correct answer is: Complete the sale only after gaining planning consent confirmation.

For rural land sales outside a planned subdivision, the owner must consider completing the sale only after gaining planning consent confirmation. This is crucial because rural areas often have specific zoning restrictions and regulations that need to be followed before land can be legally sold or developed. Ensuring planning consent confirmation helps verify that the proposed land use is compliant with local planning regulations and avoids potential legal issues in the future. Options A, B, C, D, and F are incorrect because they provide inaccurate information or suggest actions that may not be required or advisable for rural land sales. In reality, it is essential for owners to go through the proper channels and obtain planning consent confirmation to ensure compliance with relevant regulations and avoid potential complications.