Humber/Ontario Real Estate Course 4 Exam Practice

Disable ads (and more) with a membership for a one time $2.99 payment

Prepare for the Humber/Ontario Real Estate Course 4 Exam. Study with tailored quizzes and flashcards. Get insights into exam format and tips to succeed.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

For which purpose is a home inspector often hired by a buyer?

To verify Ontario Building Code compliance.
To confirm the condition of a property before purchase.
To assist owners looking to improve a property's condition for marketing purposes.
To provide a verbal report on the positive and negative aspects of the inspected property.
To forecast property value appreciation.
To negotiate property prices.

The correct answer is: To confirm the condition of a property before purchase.

A home inspector is typically hired by a buyer primarily to confirm the condition of a property before purchase. This critical assessment allows buyers to identify any potential issues with the home that may not be apparent during a standard viewing. The inspection covers various elements such as structural integrity, plumbing, electrical systems, roofing, and more. This information can be pivotal in the decision-making process, as it helps buyers understand the true state of a property and whether they want to proceed with the purchase, negotiate repairs, or even back out if significant issues are found. By obtaining a comprehensive evaluation, buyers can make informed decisions and potentially save themselves from costly repairs and surprises after closing. The other options, while related to different aspects of real estate, do not encapsulate the primary purpose of hiring a home inspector for buyers. For instance, verifying Ontario Building Code compliance is typically the responsibility of building officials, not home inspectors. Assisting homeowners in improving property conditions is more aligned with renovation professionals. Providing a verbal report is not the standard practice, as a written report is typically delivered after an inspection. Forecasting property value appreciation involves market analysis and trends rather than the condition assessment that a home inspector performs. Lastly, while negotiation of property prices can be influenced by inspection findings,