Humber/Ontario Real Estate Course 1 Exam Practice

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

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!

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.

What document must be signed to authorize a brokerage to list a seller's property?

Brokerage Engagement Contract
Client Service Agreement
Client-Brokerage Contract
Exclusive Seller Agreement
Seller Representation Agreement
Transaction Listing Agreement

The correct answer is: Seller Representation Agreement

The correct answer is E. Seller Representation Agreement. This document is necessary to authorize a brokerage to list a seller's property. The Seller Representation Agreement outlines the terms and conditions of the agreement between the seller and the brokerage, including the listing price, duration of the agreement, services provided, and commission rate. It is a legally binding contract that protects both parties' interests during the process of selling the property.