Humber/Ontario Real Estate Course 4 Exam Practice

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Prepare for the Humber/Ontario Real Estate Course 4 Exam. Test your knowledge with quizzes and gain valuable insights into real estate concepts, regulations, and practices essential for your success in the industry.

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An agent has a duty to disclose material facts to the principal. Which of the following is considered material?

  1. Color choice for interior painting

  2. Recent pest control measures

  3. Previous repair records and receipts

  4. Current mortgage details

  5. Details about an ongoing dispute with a neighbor

  6. Brand of appliances included in the sale

The correct answer is: Recent pest control measures

The correct answer is B, Recent pest control measures. Material facts are pieces of information that could influence a principal's decision-making process regarding a real estate transaction. In this case, recent pest control measures can significantly impact a property's value and the buyer's decision. Options A, C, D, E, and F are not considered material in this context. The color choice for interior painting, previous repair records and receipts, current mortgage details, details about an ongoing dispute with a neighbor, and the brand of appliances included in the sale are important details but may not be as crucial to the decision-making process as recent pest control measures.

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