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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What document is used to confirm that the signed copies of an accepted sales agreement have been received?

  1. Acknowledgement

  2. Confirmation of Acceptance

  3. Confirmation of Acknowledgement

  4. Receipt of Confirmation

The correct answer is: Acknowledgement

In real estate transactions, the document used to confirm that the signed copies of an accepted sales agreement have been received is called an "Acknowledgement." This document serves as proof that all parties involved have acknowledged and received the signed copies of the agreement. It is essential for record-keeping and as a reference point in case of any disputes or discrepancies in the future. Options B, C, and D are not the correct choices because they do not accurately reflect the specific document commonly used for confirming the receipt of signed copies of an accepted sales agreement. These options introduce variations or combinations of terms that are not typically used in this context, making them incorrect in the given scenario.