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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If a seller assures that there are no issues with the water well, what should the salesperson do?

  1. Assume no further action is needed

  2. Neglect any duty of care regarding the well

  3. Advise the buyer to seek expert advice and include a condition in the offer

  4. Personally inspect the water

  5. Ignore the buyer’s concern

  6. Recommend using the seller's assurance as the sole basis

The correct answer is: Advise the buyer to seek expert advice and include a condition in the offer

The most appropriate course of action for the salesperson is to advise the buyer to seek expert advice and include a condition in the offer. This approach ensures that the buyer has a thorough understanding of the water well's condition and any potential issues that may not be immediately apparent. By encouraging the buyer to consult with a qualified professional, the salesperson helps protect the buyer’s interests and promotes transparency in the transaction. Including a condition in the offer provides an extra layer of security, allowing the buyer to address any concerns that may arise during the inspection process. This strategy aligns with the salesperson's duty to uphold ethical standards and provide a level of care towards the buyer. Given that water wells can have significant implications for property use and buyer satisfaction, it is crucial to take these matters seriously rather than relying solely on the seller's verbal assurances or neglecting due diligence.