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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Salesperson Kelly is showing a property to a buyer client. During the viewing, Kelly notices light staining on selected walls, some rusting on metal surfaces and a distinct smell in the house. Upon further investigation, he notices various repairs that have been made to ceiling areas. The repairs are only noticeable upon a very careful and close inspection of the work done. In this instance, Salesperson Kelly:

  1. Should immediately inform the buyer client that this home has been used as an illegal grow operation.

  2. Should generally discuss his findings with the buyer client and suggest a plan of action.

  3. Can immediately inform the police of his findings, as these are signs of a former illegal grow house.

  4. Should do nothing, as these are merely suppositions (guesses or opinions) and may have no merit.

  5. Must draft a detailed report and submit it to the regulatory body immediately.

  6. Should seek additional inspections from authorized professionals before making any assumptions.

The correct answer is: Should generally discuss his findings with the buyer client and suggest a plan of action.

In this scenario, Salesperson Kelly should generally discuss his findings with the buyer client and suggest a plan of action. This is the correct approach as it shows transparency and professionalism in dealing with potential issues in the property. It is crucial for a real estate salesperson to communicate effectively with their clients and provide them with relevant information about the property they are interested in purchasing. By discussing the findings and suggesting a plan of action, Salesperson Kelly is helping the buyer client make an informed decision and navigate any possible concerns or issues with the property. This proactive and communicative approach demonstrates Kelly's commitment to acting in the best interest of the buyer client. The other options are incorrect because: A. This is an extreme assumption without concrete evidence. C. Contacting the police without solid proof could cause unnecessary complications. D. Ignoring potential red flags and not disclosing findings to the buyer client is not in line with ethical real estate practices. E. Drafting a detailed report and submitting it to the regulatory body immediately may be premature without discussing the findings with the buyer client first. F. Seeking additional inspections from authorized professionals is a good practice, but it may not be necessary before discussing the findings with the buyer client.