Humber/Ontario Real Estate Course 4 Exam Practice

Which of the following is a primary duty of a real estate salesperson when representing a buyer?

1. Providing legal advice related to property transactions.

2. Assisting the buyer in obtaining favorable mortgage terms.

3. Disclosing all material facts about the property.

4. Completing property inspections.

5. Setting the listing price of the property.

6. Arranging home staging services.

The correct answer is: Disclosing all material facts about the property.

When representing a buyer, a primary duty of a real estate salesperson is to disclose all material facts about the property. This is crucial to ensure transparency and inform the buyer of any relevant information that could potentially impact their decision to purchase the property. By disclosing all material facts, the real estate salesperson is fulfilling their fiduciary duty to the buyer and acting in the buyer's best interests. Providing legal advice (Option A) is typically outside the scope of a real estate salesperson's duties, as they are not qualified to provide legal advice. Assisting the buyer in obtaining favorable mortgage terms (Option B) is important but not a primary duty of the salesperson. Completing property inspections (Option D) is generally the responsibility of the buyer or a qualified inspector. Setting the listing price of the property (Option E) is the seller's responsibility, not the buyer's agent. Arranging home staging services (Option F) is a service often provided by a real estate salesperson to the seller, not the buyer. Therefore, the correct answer is disclosing all material facts about the property (Option C).