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 statements about placing a sign on a listed property is NOT correct?

The 'for sale sign' must clearly identify the registered name of the employing brokerage.
The description of the salesperson on the 'for sale' sign can include the term 'real estate sales representative.'
The local municipality may not allow an 'open house' sign until shortly before the event occurs.
The municipal bylaws will not limit the size of a 'for sale' sign.

The correct answer is: The municipal bylaws will not limit the size of a 'for sale' sign.

Correct answer: D In Ontario, municipal bylaws can indeed impose restrictions on the size of 'for sale' signs. These restrictions vary depending on the municipality and may include limitations on the size, height, or visibility of signs. It is crucial for real estate professionals to be aware of these regulations to ensure compliance when placing signs on listed properties. Option A is correct because the 'for sale sign' is required to clearly identify the registered name of the employing brokerage as per regulations. Option B is also correct as the description of the salesperson on the 'for sale' sign can include the term 'real estate sales representative' in Ontario. Option C is incorrect because municipalities can have regulations about when 'open house' signs are allowed to be displayed, which may be before the event occurs. Therefore, the statement that is NOT correct about placing a sign on a listed property is option D.