Humber/Ontario Real Estate Course 4 Exam Practice

Which of the following is an acceptable way to identify buyers Edward Jones and Christine Jones in an agreement of purchase and sale?

1. Edward and Christine Jones

2. Edward G. and Christine M. Jones

3. Edward Gordon Jones and Christine Marie Jones

4. Mr. and Mrs. Edward G. Jones

5. Mr. and Mrs. Jones

6. Edward J. and Christine J. Jones

The correct answer is: Edward Gordon Jones and Christine Marie Jones

The choice of using "Edward Gordon Jones and Christine Marie Jones" is acceptable because it provides the full legal names of the buyers, which is crucial in an agreement of purchase and sale. Including middle names helps to eliminate any ambiguity about their identities, particularly in cases where there may be common names involved. Legal documents benefit from precision, and using full names ensures clarity and reduces the risk of misunderstanding or disputes in the future regarding the parties involved in the transaction. In this context, while other options may reference the buyers adequately, they might lack the necessary specificity that full names provide. For instance, abbreviations or titles like "Mr. and Mrs." can leave room for uncertainty and are less formal in legal documentation. Full legal names serve as a definitive means of identifying the parties involved, which aligns with the standards expected in real estate agreements.