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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The legal term 'privileged communication' in real estate refers to:

Discussions between buyers and their legal counsel.
Confidential conversations between real estate agents and their clients.
Information shared among real estate professionals in a brokerage.
Publicly disclosed property listings.
Marketing materials shared across agencies.
Negotiations conducted openly during property showings.

The correct answer is: Confidential conversations between real estate agents and their clients.

The correct answer is confidential conversations between real estate agents and their clients. This term 'privileged communication' in real estate pertains to the confidential discussions that take place between real estate agents and their clients. This type of communication is protected by confidentiality laws, allowing clients to freely disclose information to their agents without fear of it being shared with others. This privacy and trust are essential in fostering a successful and professional relationship between real estate agents and their clients.