Humber/Ontario Real Estate Course 4 Exam Practice

What typically includes property specifics used by a brokerage for promotion?

1. Listing agreement

2. Client authorization form

3. Brokerage marketing agreement

4. Seller representation agreement

5. Property disclosure form

6. Transaction summary

The correct answer is: Seller representation agreement

The correct choice is the listing agreement. A listing agreement serves as a formal contract between the property owner and the brokerage, detailing the terms under which the brokerage will market the property. This agreement typically includes specific property details such as the property's features, pricing, and any other relevant information that a brokerage would utilize in promotional activities. In contrast, the other options provide different functions within the real estate process. For instance, a client authorization form relates to consent and permissions but does not inherently contain promotional property specifics. The brokerage marketing agreement typically outlines marketing strategies but not the specific details of the property itself. A seller representation agreement establishes a relationship and obligations between the seller and the agent, while the property disclosure form is focused on the condition of the property, detailing any known issues rather than promoting it. Finally, the transaction summary provides an overview of the completed deal rather than serving as a marketing tool during the listing phase. Thus, the listing agreement is the document most directly associated with property details intended for promotional use.