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 should a salesperson advise if a buyer client is concerned about possible encroachment of outbuildings on a neighbor's property?

Has exercised reasonable skill and care by checking this matter himself and advising the client accordingly.
Has complied with general obligations owed to a client.
Should advise the buyer to seek expert advice from a third party.
Should verbally confirm with the seller that there is no encroachment.

The correct answer is: Should advise the buyer to seek expert advice from a third party.

A salesperson should advise the buyer to seek expert advice from a third party because encroachment issues can have significant legal and financial implications. This means that the salesperson recognizes the limits of their expertise and the importance of obtaining a professional assessment, such as from a land surveyor or an attorney specializing in property law. By doing so, the buyer can gain a clear understanding of the property boundaries and whether any outbuildings are infringing upon the neighbor’s property, which is crucial for making informed decisions regarding the purchase. Relying solely on one's own check or verbal confirmation from the seller lacks the thoroughness and reliability required in real estate transactions, especially in legal matters such as property lines and potential disputes. Encouraging the buyer to consult a professional ensures that all factors are taken into account and the buyer is protected from future issues that could arise from encroachment claims.