Humber/Ontario Real Estate Course 2 Exam Practice

If the space for present use is left blank in the Title Search clause of an offer, what does this indicate?

1. The seller is not confirming any information, and the buyer must verify usage at their own cost.

2. The seller is declaring that the current use of the property as a single-family home can be lawfully continued.

3. The salesperson should have provided both the existing zoning and current use.

4. The salesperson should have listed the current zoning.

The correct answer is: The seller is declaring that the current use of the property as a single-family home can be lawfully continued.

In this scenario, if the space for present use is left blank in the Title Search clause of an offer, it indicates that the seller is declaring that the current use of the property as a single-family home can be lawfully continued. This choice is correct because when this information is not explicitly provided and the space is left blank, it implies that the current use is already permitted under the existing regulations and can be continued without any legal issues. Option A is incorrect because if the seller leaves the space blank, it does not necessarily mean that the buyer must bear the cost of verifying usage. The absence of information does not automatically transfer the responsibility of verification to the buyer. Option C is also incorrect as the absence of information in the space for present use does not mean that the salesperson failed to provide existing zoning and current use details. It simply means that the current use is legally permissible to continue without needing to specify it in that clause. Option D is incorrect because the absence of information in the present use space does not imply that the salesperson was supposed to list the current zoning details. It solely indicates that the current use can continue lawfully without any explicit mention in the offer.