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 is the latest a salesperson must disclose the possibility of multiple representation?

Before any offer is presented
Before meeting with a potential client
Before signing a representation agreement
Before any offer is accepted

The correct answer is: Before signing a representation agreement

A salesperson must disclose the possibility of multiple representation before signing a representation agreement. This is the correct answer because it is crucial for transparency and ensuring that all parties involved are aware of the potential for multiple representation before committing to a representation agreement. By disclosing this possibility before signing the agreement, the salesperson can ensure that there are no conflicts of interest and that all parties have the opportunity to make an informed decision. Option A is incorrect because waiting until before any offer is presented is too late in the process to disclose the possibility of multiple representation. Option B is incorrect because it is important to have this disclosure before meeting with a potential client to establish trust and transparency. Option D is incorrect because waiting until before any offer is accepted is also too late in the process and may create ethical issues.