Humber/Ontario Real Estate Course 2 Exam Practice

Disable ads (and more) with a membership for a one time $2.99 payment

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!

Practice this question and more.

Which one correctly describes material facts?

General details observable to most sellers.
Must be proven with documentation.
Only disclosed items by the seller.
Unique details pertinent to each transaction.

The correct answer is: Unique details pertinent to each transaction.

Material facts are unique details that are significant and can impact a real estate transaction. These facts are specific to each transaction and are important for both buyers and sellers to know in order to make informed decisions. This is why option D correctly describes material facts. In contrast, the other options do not fully capture the essence of material facts.