Humber/Ontario Real Estate Course 2 Exam Practice

What should a buyer consider if they want to build a patio, barbecue area, and privacy fence in a common condominium area?

1. The salesperson's opinion suffices; the buyer should have checked further

2. Even if the salesperson erred, no legal or disciplinary action will occur

3. The salesperson’s misinformation violates the REBBA Code of Ethics

4. RECO won't follow up because the buyer is already taking legal action

5. Only an architect can approve such installations

6. Building permits aren't needed for communal condominium areas

The correct answer is: The salesperson’s misinformation violates the REBBA Code of Ethics

In this scenario, the correct answer is C. The salesperson's misinformation violates the REBBA Code of Ethics. In Ontario, real estate salespersons and brokers are mandated to provide accurate information to their clients. Providing incorrect information, whether intentionally or inadvertently, not only goes against professional ethics but can also lead to legal consequences and disciplinary action by the Real Estate Council of Ontario (RECO). Therefore, in this case, if the buyer is considering building a patio, barbecue area, or privacy fence in a common condominium area based on information provided by the salesperson, it is crucial for the buyer to verify the accuracy of the information and ensure that any plans comply with the condominium rules and regulations. If the salesperson is found to have provided incorrect or misleading information, it could be considered a violation of the REBBA Code of Ethics, which may result in disciplinary action.