Humber/Ontario Real Estate Course 4 Exam Practice

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What should a salesperson do if a seller assures that a rural property’s well has no water quality issues?

  1. Accept the seller's statement as sufficient

  2. Consider their duty of care fulfilled

  3. Advise the buyer to seek expert advice and include a condition regarding water quality

  4. Personally test the water

  5. Rely only on the seller’s assurances

  6. Ignore the well's condition unless complaints arise

The correct answer is: Advise the buyer to seek expert advice and include a condition regarding water quality

Advising the buyer to seek expert advice and including a condition regarding water quality is the most responsible course of action in this scenario. Even if the seller assures that there are no water quality issues, these statements cannot replace professional assessments or inspections. Water quality can have significant implications for health, safety, and property value, which are critical considerations for potential buyers. By recommending that the buyer consults with an expert, the salesperson is ensuring that the buyer is fully informed and protected, adhering to their fiduciary duty to act in the best interests of their client. Incorporating a condition regarding water quality in the offer also protects the buyer by making the purchase contingent upon satisfactory results from the water quality assessment. This approach demonstrates due diligence and emphasizes the importance of thorough investigation in real estate transactions. Other options, such as simply accepting the seller's statement or relying solely on their assurances, would not fulfill the salesperson's responsibility to safeguard the buyer's interests and could lead to potential liabilities in the future if issues arise. Testing the water personally is generally not recommended, as it is outside the scope of the salesperson's expertise and could lead to erroneous conclusions. Similarly, ignoring the well's condition is a significant oversight that disregards the potential impact of water

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