Humber/Ontario Real Estate Course 3 Exam Practice

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Prepare for the Humber/Ontario Real Estate Course 3 Exam with our practice quizzes. Study using multiple-choice questions complete with hints and explanations. Ace your exam with confidence!

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What must a salesperson ensure when representing a buyer in a multiple representation scenario?

Competition between buyer clients is not permissible under any circumstances.
Full and honest disclosure of all relevant information to both parties.
Maintain confidentiality of all client information.
Obtain written consent from all involved parties.

The correct answer is: Obtain written consent from all involved parties.

In a multiple representation scenario, it is essential for a salesperson to obtain written consent from all involved parties. This consent is vital because it helps to ensure that everyone understands and agrees to how the salesperson will navigate the dual relationships. The salesperson must facilitate transparency and maintain the integrity of the representation for both the buyer and any other parties involved. By obtaining written consent, the salesperson demonstrates adherence to legal requirements and ethical standards, which is crucial in maintaining trust and respect within the transaction. This step ensures that all parties are informed about the nature of the relationship and the potential conflicts of interest that might arise, allowing for informed decision-making by the clients. The other options, while important in their own right, do not encompass the crucial step of securing consent that protects both the clients' rights and the salesperson's duties.