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.

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!

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When listing a property, what should a salesperson advise if they suspect an unused, below-ground fuel storage tank?

Advise the seller to contact a TSSA-certified contractor for guidance.
The existence of asbestos is a serious environmental hazard only if it is not airborne.
Lead-based contamination can only occur if lead plumbing pipes were used.
Ignore as Urea Formaldehyde Foam Insulation (UFFI) was banned in the 1980s.

The correct answer is: Advise the seller to contact a TSSA-certified contractor for guidance.

When listing a property, if a salesperson suspects the presence of an unused, below-ground fuel storage tank, the correct course of action is to advise the seller to contact a TSSA-certified contractor for guidance. This is the appropriate action because fuel storage tanks can pose environmental risks, such as leaks contaminating the soil and groundwater. A TSSA-certified contractor will be able to assess the situation, determine if there is any leakage or contamination, and provide guidance on proper remediation measures to ensure the property is safe for potential buyers. Options B, C, and D are incorrect as they do not address the specific issue of an unused, below-ground fuel storage tank. Option B discusses asbestos, which is a different environmental hazard unrelated to the question at hand. Option C mentions lead-based contamination, which is also a separate issue from fuel storage tanks. Option D references Urea Formaldehyde Foam Insulation (UFFI), which is not relevant to the scenario described in the question.