Humber/Ontario Real Estate Course 2 Exam Practice

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Prepare for the Humber/Ontario Real Estate Course 2 Exam. Utilize flashcards and multiple choice questions with hints and explanations. Get exam-ready!

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

  1. A person holding a power of attorney.

  2. An estate trustee.

  3. A spouse.

  4. A person signing in trust.

  5. A lawyer representing the owner.

  6. 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.