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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Which action is necessary when dealing with a one-time heavy oil spill during a property listing?

Advise the seller to contact an environmental expert team.
Nothing, as one-time spills typically resolve themselves.
The property must be disclosed to potential buyers before being listed.
Clean it up personally and list the property as-is.

The correct answer is: Advise the seller to contact an environmental expert team.

A one-time heavy oil spill can have serious environmental consequences, both for the immediate area and for potential buyers of the property. It is important to advise the seller to contact an environmental expert team who can properly assess and handle the spill in accordance with local regulations. Simply allowing the spill to resolve itself or attempting to clean it up personally without the proper knowledge and equipment can lead to further damage and potentially hinder the listing or sale of the property. Additionally, it is important to disclose the spill to potential buyers before listing the property in order to ensure transparency and avoid any legal or ethical issues. Therefore, option A is the only appropriate and responsible action to take when dealing with a one-time heavy oil spill during a property listing.