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 a legal duty that a principal/seller owes to the agent (brokerage)?

Fulfill obligations set out in the representation agreement
Honor the agreed remuneration
Implied obligations as detailed in the customer service agreement
Indemnify the agent for any liabilities
Provide accurate information about the property
Reimburse costs incurred by the brokerage

The correct answer is: Implied obligations as detailed in the customer service agreement

In this question, options A, B, D, E, and F represent legal duties that a principal/seller owes to the agent (brokerage) in a real estate transaction. Option C, which states "Implied obligations as detailed in the customer service agreement," is the correct answer because it refers to obligations that are not typically a legal duty owed by the principal/seller to the agent. The key here is the term "implied" as legal duties are generally explicitly outlined in the representation agreement, not based on implied obligations detailed in a customer service agreement. Therefore, option C is the correct answer as it does not align with the typical legal duties a principal/seller is expected to fulfill towards the agent.