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.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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Which of the following is NOT authorized to sign an agreement of purchase and sale on behalf of an owner?

A person holding a power of attorney.
An estate trustee.
A spouse.
A person signing in trust.
A lawyer representing the owner.
A court-appointed guardian of property.

The correct answer is: A spouse.

A spouse is not authorized to sign an agreement of purchase and sale on behalf of an owner unless they have the legal authority to act on behalf of the owner, such as being designated as a power of attorney, an estate trustee, signing in trust, a lawyer representing the owner, or a court-appointed guardian of property. Spouses don't automatically have the legal authority to sign such agreements without one of these official designations.