Humber/Ontario Real Estate Course 2 Exam Practice

Disable ads (and more) with a membership for a one time $2.99 payment

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.

Start Multiple Choice Practice Test
Start Flash Cards

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 true about including a right of first refusal in a tenancy agreement in a land lease community?

  1. A landlord cannot include a right of first refusal in a tenancy agreement

  2. A landlord must act as the agent of a tenant, when the tenant sells his or her home

  3. A landlord must include a right of first refusal in every tenancy agreement

  4. A landlord can include a right of first refusal in a tenancy agreement, assuming both parties agree

The correct answer is: A landlord cannot include a right of first refusal in a tenancy agreement

Including a right of first refusal in a tenancy agreement in a land lease community is generally not permitted for landlords. This restriction is in place to protect tenants from potentially unfair conditions or restrictions on their ability to sell or transfer their home. It ensures that tenants have the freedom to sell their property to whomever they choose without interference from the landlord. Therefore, choice A is the correct answer as it accurately reflects this limitation on landlords regarding the inclusion of a right of first refusal in a tenancy agreement.

More Questions Like This