Humber/Ontario Real Estate Course 2 Exam Practice Flash Cards

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Question: 1 / 1305

If a seller refuses to close a transaction after signing a listing agreement, resulting in the deal falling apart, what is the responsibility regarding remuneration?

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Remuneration is due and payable, as the terms of the listing agreement set out the right to make a claim if the sale didn't close as a result of the seller's default or neglect