Humber/Ontario Real Estate Course 2 Exam Practice

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What must be included when confirming the acceptance date in the purchase and sale agreement?

  1. The time of day must be included

  2. The time of day can be omitted if the date is included

  3. It must be filled by the buyer

  4. It must always differ from the acknowledgment date

  5. It is necessary to include both date and seller’s signature

  6. It is irrelevant to the final purchase agreement

The correct answer is: The time of day can be omitted if the date is included

When confirming the acceptance date in the purchase and sale agreement, it is important to include the date, and the time of day can be omitted if the date is specified. Including both the date and time might provide more clarity, but it is not a requirement. The focus is on ensuring that the date is clear and agreed upon by both parties. This ensures that there is no confusion regarding when the offer was accepted.

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