Humber/Ontario Real Estate Course 2 Exam 2025 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 1300

In terms of agreement of purchase and sale, what is included that involves spousal consent?

Applicable for the seller, not the buyer

Not included in standard agreements

Consent can be waived if both parties agree

A section for spousal consent

In an agreement of purchase and sale in Ontario, a section for spousal consent is included to ensure that both spouses are aware and agree to the terms of the transaction, especially when dealing with matrimonial homes or properties held jointly by spouses. It is crucial to have spousal consent documented to avoid any potential legal challenges in the future regarding ownership or rights to the property. Therefore, option D is the correct answer as it highlights the importance of including a section specifically for spousal consent in the agreement of purchase and sale.

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Valid only for joint property purchases

Applicable only for commercial transactions

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