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!

Practice this question and more.

What is the primary focus when explaining material facts about a property to potential buyers?

Market comparison prices.
Structural integrity and condition.
Aesthetic and design features.
History of ownership.
Environmental considerations.
Proximity to essential services.

The correct answer is: Structural integrity and condition.

When explaining material facts about a property to potential buyers, the primary focus should be on the structural integrity and condition of the property. This is crucial information for buyers as it helps them understand the current state of the property, any potential issues or repairs needed, and overall, it ensures transparency in the transaction. Understanding the structural integrity and condition of a property is fundamental to making an informed decision about a real estate purchase. Market comparison prices, aesthetic and design features, history of ownership, environmental considerations, and proximity to essential services are also important aspects to consider when evaluating a property. However, when it comes to disclosing material facts to potential buyers, focusing on the structural integrity and condition takes precedence as it directly impacts the long-term value and livability of the property.