Humber/Ontario Real Estate Course 1 Exam Practice

Which of the following is NOT a duty of a salesperson under the Real Estate and Business Brokers Act?

1. Ensuring honesty and integrity in transactions

2. Disclosing conflicts of interest

3. Maintaining the confidentiality of client information

4. Providing unsolicited advice to clients

5. Co-operating with other brokers and salespersons

6. Complying with statutory and regulatory requirements

The correct answer is: Providing unsolicited advice to clients

Providing unsolicited advice to clients is NOT a duty of a salesperson under the Real Estate and Business Brokers Act. Salespersons are expected to provide advice when requested by clients or when it is necessary for the best interest of the client, but providing unsolicited advice goes beyond their role and can potentially lead to legal issues. It is crucial for salespersons to be mindful of the boundaries of their responsibilities and not overstep by offering advice that has not been sought. The other options are duties of a salesperson under the Real Estate and Business Brokers Act: - Ensuring honesty and integrity in transactions is essential to maintain ethical standards. - Disclosing conflicts of interest is necessary to uphold transparency in dealings. - Maintaining the confidentiality of client information is crucial for preserving trust and protecting sensitive data. - Co-operating with other brokers and salespersons fosters a collaborative and professional working environment. - Complying with statutory and regulatory requirements is fundamental to operating within the legal framework and ensuring compliance with laws and regulations in the real estate industry.