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 should Buyer Batara do if he agrees to a seven month buyer representation agreement with Salesperson Marshall?

  1. Broker must approve agreements over six months

  2. Initial below the expiry date to confirm agreement

  3. REBB requires a separate disclosure for terms over six months

  4. Nothing, as the agreement cannot exceed six months

  5. Fill a separate filing for agreements exceeding six months

  6. Get a notarized copy of the agreement

The correct answer is: Initial below the expiry date to confirm agreement

The correct answer is B, as the agreement is for seven months and must be confirmed by initialing below the expiry date in order to be valid. A, C, D, and E are all incorrect as they suggest that the agreement is not allowed or must be modified in some way. The salesperson and buyer should make sure to adhere to the seven month agreement and initial it properly in order to avoid any issues or disputes. Getting a notarized copy of the agreement, as suggested in option F, is not necessary and will not affect the validity or legality of the agreement.

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