Humber/Ontario Real Estate Course 3 Exam Practice

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Prepare for the Humber/Ontario Real Estate Course 3 Exam. Study with challenging questions and detailed explanations to enhance your understanding. Get ready to excel in your exam!

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According to standard agreements, who fulfills a seller's compliance with subdivision control provisions?

  1. The municipality

  2. The buyer

  3. The planning department

  4. The seller

  5. The title company

  6. The listing agent

The correct answer is: The seller

In real estate transactions, the responsibility for ensuring compliance with subdivision control provisions typically rests with the seller. This means that when a seller is selling property that falls under subdivision regulations, they must ensure that all applicable laws and regulations are followed. This is critical to prevent any legal issues that could arise from non-compliance, which could affect the sale or the property's future use. The seller is in the best position to address any outstanding obligations related to subdivision control, as they are the ones who have direct knowledge of the property and its regulatory history. They have the responsibility to provide necessary documentation and disclosures, ensuring that all conditions of the subdivision approval are met prior to the completion of the sale. Other parties, such as the municipality or planning department, may be involved in the enforcement or oversight of these provisions, but it is not their responsibility to ensure that the seller complies. Similarly, the buyer, title company, and listing agent may play roles in the transaction process, but they do not hold the ultimate responsibility for the seller's compliance with subdivision provisions. The seller holds that duty, emphasizing the importance of their role in the successful completion of real estate transactions.