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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What should a salesperson ensure when making promises about condo common areas?

That the buyer fully verifies the possibilities before purchase.
No personnel action unless proven in legal court.
Accurate representation is crucial to avoid code violations.
Legal action will precede any RECO decisions.

The correct answer is: Accurate representation is crucial to avoid code violations.

The emphasis on accurate representation is critical when it comes to promises about condo common areas because it ensures that clients are not misled about what to expect. This includes aspects like maintenance fees, the condition and availability of amenities, and the rights attached to common areas. Misrepresentation can lead to serious repercussions, including code violations, legal disputes, and a loss of trust between the buyer and the salesperson. While it is important for a buyer to verify possibilities and understand their rights, the responsibility lies on the salesperson to present accurate and truthful information. The potential consequences of failing to do so can significantly impact the buyer’s experience and satisfaction with their purchase. Therefore, a clear and truthful representation of the condo's common areas is indispensable to maintaining integrity in real estate transactions.