Humber/Ontario Real Estate Course 2 Exam Practice

What minimum descriptive detail must be included on a 'for sale' sign?

1. The address of the listed property.

2. The name of the sales representative.

3. The asking price of the property.

4. The registered name of the brokerage.

The correct answer is: The registered name of the brokerage.

The minimum descriptive detail that must be included on a 'for sale' sign is the registered name of the brokerage. This information is crucial as it identifies the brokerage firm that is representing the property for sale. This requirement ensures transparency and accountability in real estate transactions by clearly indicating which brokerage is handling the sale. Including the registered name of the brokerage helps potential buyers and other parties involved in the transaction to identify the responsible brokerage.