Humber/Ontario Real Estate Course 4 Exam Practice

According to REBBA, how should a salesperson advertise a property with a pending zoning application?

1. Advertise the property with the future zoning category as expected after the application's approval.

2. Adhere strictly to the seller's instructions, as the client's best interests must always be promoted.

3. The current zoning status should be advertised, and false information must not be provided.

4. The implied future zoning can be advertised since it is not published in print media.

5. The future zoning status can be mentioned along with a disclaimer about its pending nature.

6. The property can be advertised without mentioning the zoning status.

The correct answer is: The current zoning status should be advertised, and false information must not be provided.

The selection of the current zoning status as the advertising method is correct because real estate salespersons must provide accurate and truthful information about the properties they represent. Misleading potential buyers by promoting future zoning changes that are not guaranteed can create legal and ethical issues. Maintaining transparency ensures that buyers make informed decisions based on the actual, verifiable status of the property. Advertising based on the future zoning category might imply that the changes are assured, which could lead to misunderstandings or misrepresentation. Similarly, solely adhering to the seller's instructions without considering the accuracy of the information could also lead to issues. Ultimately, the adherence to providing the current zoning status safeguards against the risks involved in speculative or unverified claims about future changes. This practice promotes honesty in advertising and upholds the integrity of the real estate profession.