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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When an electrical inspection reveals a wiring issue, what might the seller do?

  1. Announce they cannot afford repairs

  2. Offer to fix the problem before closing and sign an amendment to the agreement

  3. Provide a discount to the buyer

  4. Refuse to sell the property

  5. Seek a second opinion without additional cost

  6. Take the buyer to court

The correct answer is: Offer to fix the problem before closing and sign an amendment to the agreement

When an electrical inspection reveals a wiring issue, the seller might choose to offer to fix the problem before closing and sign an amendment to the agreement. This option demonstrates the seller's willingness to address the issue and ensure that the property meets the necessary safety standards. By choosing to fix the problem, the seller shows good faith and commitment to resolving any concerns raised by the inspection. The other options are less likely to be the preferred course of action for the seller in this situation.