Humber/Ontario Real Estate Course 2 Exam Practice

In the scenario where Salesperson Evans is drafting an agreement of purchase and sale and the parties are interested in using electronic signatures, what must Salesperson Evans ensure?

1. Must use electronic signatures if either the buyer or the seller require their use.

2. Must use technology that is tamper-proof and capable of authentication.

3. Is obligated to inform both parties that electronic signatures are permitted on representation agreements, but not agreements of purchase and sale.

4. Should insist on implied consent from both parties to avoid any future disputes.

The correct answer is: Must use technology that is tamper-proof and capable of authentication.

In the scenario described, Salesperson Evans must ensure that the technology used for electronic signatures is tamper-proof and capable of authentication. This is crucial to maintain the security and integrity of the electronic signatures and the agreement being signed electronically. Option A is incorrect because the use of electronic signatures should not be based solely on the requirement of either the buyer or the seller. It is essential to prioritize the security and authenticity of the electronic signatures. Option C is incorrect as well because Salesperson Evans can use electronic signatures on both representation agreements and agreements of purchase and sale, provided that the technology used is secure and capable of authentication. Option D is also incorrect because implied consent may not be sufficient to guarantee the validity and security of electronic signatures. It is essential to use technology that ensures the authenticity of the signatures.