Humber/Ontario Real Estate Course 1 Exam Practice

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Prepare for the Humber/Ontario Real Estate Course 1 Exam with our comprehensive quiz. Test your understanding with multiple choice questions and detailed explanations. Build confidence and knowledge for a successful exam experience!

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If a seller tells the agent their roof was recently replaced, what should the agent do?

  1. Request documentation to verify the replacement date

  2. List it as recently replaced without verification

  3. Ask an inspector to check the condition

  4. Ensure the buyer verifies the roof condition

  5. Not include the roof details in the listing

  6. Trust the seller's information if the roof looks new

The correct answer is: Request documentation to verify the replacement date

Requesting documentation to verify the replacement date is the most prudent course of action for the agent. This approach ensures that the information provided to potential buyers is accurate and substantiated, promoting transparency and trust in the transaction. By verifying the seller's claim, the agent can confidently market the property with up-to-date and truthful details, which can prevent future disputes and ensure a smoother sales process. Moreover, accurate representation of the property’s features can enhance its appeal and valuation. Other actions, such as listing the roof as recently replaced without verification, could mislead buyers and expose the agent to liability. Engaging an inspector could provide insights about the roof's condition, but it doesn't address the need for verification of the claims made by the seller about the replacement date specifically. It’s also important to differentiate the agent's role from that of the buyer in terms of verification; therefore, relying solely on the buyer to verify the roof's condition isn’t aligned with the agent's responsibility to provide accurate information. Lastly, neglecting to include the roof details in the listing may reduce the overall transparency of the property being marketed. Trusting the seller's information based solely on appearances could lead to complications if the roof was not replaced as stated.