Humber/Ontario Real Estate Course 2 Exam Practice 2026 - Free Real Estate Practice Questions and Study Guide

Question: 1 / 1300

Which is correct regarding a buyer representation agreement?

When writing 'Property Type,' the description might be just a specific address for one property.

When writing 'Property Type' in a buyer representation agreement, the description might indeed be just a specific address for one property. This is correct because a buyer may engage a real estate agent specifically to assist in the purchase of a particular property that they are interested in. In such cases, the 'Property Type' section may refer to the specific address of that property. This option is the correct choice because it accurately reflects the flexibility in describing the 'Property Type' in a buyer representation agreement.

Get further explanation with Examzify DeepDiveBeta

When describing 'Geographic Location,' avoid specific municipal boundaries.

A buyer cannot sign two representation agreements with different brokerages simultaneously.

A buyer must inform the broker of any property they see that fits their criteria after signing the agreement.

The agreement must be for at least six months.

A buyer representation agreement cannot be terminated before its expiry date.

Next Question

Report this question

Download Humber/Ontario Real Estate Course 2 Exam Practice PDF Study Guide
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy