Humber/Ontario Real Estate Course 2 Exam Practice

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Prepare for the Humber/Ontario Real Estate Course 2 Exam with our comprehensive quiz that covers essential concepts and topics. Enhance your understanding with multiple choice questions designed to test your knowledge and boost your confidence before the exam.

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Which of the following is not a similarity between a buyer representation agreement and a seller representation agreement?

  1. Both forms set out disclosure requirements regarding finder's fees.

  2. Both include a general description of property type.

  3. Commencement and expiry dates are included in both.

  4. The topic of use/distribution of information is discussed in both.

The correct answer is: Both include a general description of property type.

A and C are incorrect because both buyer and seller representation agreements have disclosure requirements and include commencement and expiry dates. D is incorrect because both agreements discuss the topic of use/distribution of information. B is the incorrect answer because only the seller representation agreement includes a general description of property type, while the buyer representation agreement does not. This difference highlights a key distinction between the two types of agreements.