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!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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Visible water staining on a carpet in the family room of a listed home is:

A patent defect.
A material latent defect.
A latent defect.
A material patent defect.

The correct answer is: A patent defect.

Visible water staining on a carpet in the family room of a listed home is considered a patent defect. A patent defect is easily visible upon reasonable inspection and does not require any specialized knowledge to identify. In this case, the water staining is clearly visible on the carpet, making it a patent defect. On the other hand: - A material latent defect would be a hidden defect that cannot be easily identified upon a reasonable inspection. - A latent defect is a defect that is not easily visible and may not be discovered until after the purchase. - A material patent defect would be a visible defect that is significant enough to affect the value or desirability of the property.