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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Which of the following is NOT an obligation of a real estate brokerage to a client arising from an agency relationship?

  1. Delegate Responsibility To Others.

  2. Exercise Skill And Care.

  3. Keep client information confidential.

  4. Manage conflicts of interest.

  5. Negotiate Favourable Terms.

  6. Perform Mandate.

The correct answer is: Exercise Skill And Care.

In an agency relationship between a real estate brokerage and a client, one of the obligations is to exercise skill and care. This means that the brokerage must act in a competent and diligent manner when representing the client's interests. Therefore, the correct answer is the choice that is NOT an obligation, which is option B. The other options are obligations that a real estate brokerage has towards their client: A. Delegate Responsibility To Others - The brokerage may delegate certain tasks to their agents or employees, but they are ultimately responsible for ensuring those tasks are carried out properly. C. Keep client information confidential - The brokerage must maintain the confidentiality of any information shared by the client unless authorized otherwise. D. Manage conflicts of interest - The brokerage must avoid any conflicts of interest and manage them appropriately if they arise. E. Negotiate Favourable Terms - The brokerage is obligated to negotiate terms that are favorable to the client when representing them in real estate transactions. F. Perform Mandate - The brokerage is expected to carry out the client's instructions and act in their best interests throughout the agency relationship.