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 function does a direction or consent clause serve?

It clarifies uncertainties in the agreement.
It grants permission for certain actions.
It includes warranties of facts.
It lists exclusions in an agreement.
It places restrictions on property use.
It specifies the conditions of sale.

The correct answer is: It grants permission for certain actions.

A direction or consent clause serves the function of granting permission for certain actions. This clause specifies situations where one party must seek approval or consent from another party before taking specific actions. For example, in a real estate agreement, a direction or consent clause may require a buyer to seek the seller's approval before making any renovations to the property. This helps ensure that both parties are aware of and agree to any significant changes or decisions impacting the property. Options A, C, D, E, and F do not accurately describe the function of a direction or consent clause, making them incorrect choices.