Humber/Ontario Real Estate Course 4 Exam Practice 2025 – The Comprehensive All-in-One Guide for Exam Success!

The requirement under the Real Estate and Business Brokers Act (REBBA) focuses on ensuring that all parties are fully aware of the representation relationships involved in a transaction. When a buyer who has signed a customer service agreement wishes to make an offer on a property listed by the same brokerage, the brokerage must provide clarity regarding its role and its relationship with both the seller and the buyer.

Having written disclosure of the relationship with both the seller client and the buyer customer is crucial in this situation. This transparency is key to avoiding conflicts of interest that may arise from representing both parties. It ensures that all parties understand how the brokerage is acting — whether as an agent for the seller or as a customer service provider for the buyer. This is important for maintaining trust in the real estate process and for complying with REBBA regulations.

The other options focus on various aspects of the transaction, such as obtaining permission or acknowledgment from the parties involved, which may address relevant points but do not encapsulate the comprehensive nature of the required written disclosure regarding the relationship dynamics under REBBA. Hence, the correct answer highlights the necessity of informing all parties about the brokerage's roles to uphold regulatory standards and ensure ethical practices in real estate transactions.