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

Question: 1 / 1255

What responsibility does the buyer have according to a buyer customer service agreement?

Ensure all patent defects are understood

Independently verify the property's condition

The buyer's responsibility to independently verify the property's condition is central to the buyer customer service agreement. This emphasizes the importance of buyer due diligence in the real estate transaction process. Buyers are encouraged to engage professionals, such as home inspectors, to assess the property's state and uncover any potential issues that might not be visible at first glance. This responsibility is crucial because it empowers buyers to make informed decisions by understanding the true condition of the property they are interested in purchasing.

While the other responsibilities listed represent important aspects of the buyer-broker relationship, they do not specifically highlight a buyer's duty to actively seek verification of the property’s condition. Understanding this component helps buyers take proactive steps to protect their interests and ensures they fully comprehend their engagement with the property in question.

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Pay the brokerage a remuneration fee

Agree to an exclusive arrangement with the brokerage

Handle property defects through the brokerage

Consult the brokerage for property evaluations

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