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.

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.

When does Salesperson Hubbard not need to enter into a written contract?

Promising to get a $400,000 mortgage approved
Promising to buy a property if it does not sell
Designing a full-colour brochure
Promising to secure a two-year lease at a specific rate
Promising to perform market analysis
Providing financial advice for investment properties

The correct answer is: Designing a full-colour brochure

Salesperson Hubbard does not need to enter into a written contract when designing a full-color brochure. This is because designing a brochure falls under the category of marketing activities and does not involve any legally binding agreements or transactions. It is a service provided as part of the overall marketing strategy for a property listing. On the other hand, options A, B, D, E, and F involve promises or commitments that have legal implications and potential financial consequences, thus requiring a written contract to protect all parties involved. For example, promising to get a mortgage approved, promising to buy a property, promising to secure a lease, promising to perform market analysis, and providing financial advice all involve contractual obligations and should be documented in writing to ensure clarity and enforceability.