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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Salesperson McKenzie agrees not to disclose an encroachment issue at his client's request. Which statement is correct?

This information need not be disclosed, as caveat emptor applies
The issue has existed without any problem, so it is not a material fact
Salesperson McKenzie is omitting important information, violating the Code of Ethics
Salesperson McKenzie must follow the client’s lawful instruction

The correct answer is: Salesperson McKenzie is omitting important information, violating the Code of Ethics

Salesperson McKenzie agreeing not to disclose an encroachment issue at his client's request is a violation of the Code of Ethics in real estate. Real estate professionals have a duty to be truthful and provide all material information to their clients. By not disclosing important information about the property, Salesperson McKenzie would be misleading the buyer, which goes against the ethical obligations of a real estate agent. It is crucial to prioritize honesty and transparency in real estate transactions to maintain trust and integrity in the industry.