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.

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How should Salesperson Slater handle disclosing new zoning provisions to his client?

  1. He should avoid commenting on zoning since he's not an expert.

  2. He should suggest that a severance will not be feasible.

  3. There is no ethical duty to provide information about zoning changes as they are not a material fact.

  4. He must share pertinent facts to prevent misleading the buyer.

  5. He should tell the client that zoning provisions are speculation only.

  6. He should resist any discussion to avoid liability.

The correct answer is: He must share pertinent facts to prevent misleading the buyer.

Salesperson Slater must share pertinent facts to prevent misleading the buyer. In real estate transactions, it is crucial to disclose all material facts, including any new zoning provisions that may affect the property. By providing this information to the client, Salesperson Slater is fulfilling his ethical duty to act in the best interest of the buyer and to avoid any potential legal issues or claims of misrepresentation. This transparency helps maintain trust between the client and the salesperson, which is essential in any real estate transaction.

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