Humber/Ontario Real Estate Course 3 Exam Practice

Salesperson Lee realized she forgot to leave a copy of the listing agreement with Seller Adams after it was signed. Adams was unconcerned and advised her not to bother delivering it. What should Lee do?

1. The REBBA Code of Ethics allows the seller to waive the copy.

2. Legally, no further action is required if the seller agrees.

3. Salesperson Lee should immediately provide the seller with a signed copy.

4. Note the absence of a copy in the brokerage files instead.

5. It's adequate to inform the seller verbally about the agreement details.

6. Leave the copy with the brokerage to keep it on file.

The correct answer is: The REBBA Code of Ethics allows the seller to waive the copy.

The correct answer is that the REBBA Code of Ethics allows the seller to waive the copy of the listing agreement. This is significant because the Code prioritizes the autonomy of the parties involved in an agreement. If Seller Adams expressed that he is unconcerned about receiving a copy and explicitly waives this right, then Lee is not obligated to provide it. This concept respects the seller's preference while still adhering to the ethical guidelines set forth by the governing body. In other scenarios, legal aspects could come into play, but the core principle here lies in the seller’s ability to waive their right to a copy. This specific provision in the Code establishes that respect for the seller's wishes is fundamental, provided there is clear communication regarding the waiver.