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 similarity between a buyer representation agreement and a seller representation agreement?

Both forms set out disclosure requirements regarding finder's fees.
Both include a general description of property type.
Commencement and expiry dates are included in both.
The topic of use/distribution of information is discussed in both.

The correct answer is: Both include a general description of property type.

A and C are incorrect because both buyer and seller representation agreements have disclosure requirements and include commencement and expiry dates. D is incorrect because both agreements discuss the topic of use/distribution of information. B is the incorrect answer because only the seller representation agreement includes a general description of property type, while the buyer representation agreement does not. This difference highlights a key distinction between the two types of agreements.