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 is required for a brokerage to act impartially between a seller and buyers who accepted customer services after initial disclosures?

  1. All parties must agree to a fair negotiation process.

  2. The brokerage should offer complimentary services to the buyers.

  3. The brokerage must maintain neutrality and offer no biased advice.

  4. Impartial actions are not necessary as duty is only to the seller.

  5. The buyers must sign an additional disclosure consent form.

  6. The brokerage must prioritize the buyer's interest.

The correct answer is: The brokerage must maintain neutrality and offer no biased advice.

In this scenario, the correct answer is C. The reason for this is that for a brokerage to act impartially between a seller and buyers who accepted customer services after initial disclosures, it is essential for the brokerage to maintain neutrality and offer no biased advice. This ensures that the brokerage does not favor one party over the other and acts in a fair and unbiased manner. Options A, B, D, E, and F are incorrect for various reasons: - Option A suggests that all parties must agree to a fair negotiation process, but impartiality should be maintained regardless of whether all parties agree or not. - Option B mentions offering complimentary services to the buyers, which is not necessarily related to acting impartially. - Option D is incorrect as it states that impartial actions are not necessary, which goes against the principles of fair dealings in real estate transactions. - Option E proposes that the buyers must sign an additional disclosure consent form, which is not specifically required for a brokerage to act impartially. - Option F indicates that the brokerage must prioritize the buyer's interest, which is not the same as acting impartially between the seller and buyers. Therefore, the most appropriate and correct choice in this case is C, as maintaining neutrality and offering no biased advice is crucial for a brokerage to act impartially between the seller and buyers.

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