Humber/Ontario Real Estate Course 1 Exam Practice

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To whom does the ethical obligation to protect interests apply in real estate transactions?

  1. Buyer clients alone

  2. Seller customers alone

  3. Buyer clients and seller customers

  4. Buyer customers and seller customers

  5. Buyer clients and either type of customer

  6. Seller clients only

The correct answer is: Buyer clients alone

The ethical obligation to protect interests in real estate transactions applies to buyer clients alone. This means that as a real estate professional, your primary responsibility is to act in the best interests of your buyer clients. It is crucial to provide them with accurate information, advice, and guidance throughout the transaction process to ensure their interests are protected. The other options are incorrect because the ethical obligation does not extend to seller customers, buyer customers, seller clients, or both types of customers.

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