Humber/Ontario Real Estate Course 4 Exam Practice

What should be done if a rural property’s seller claims no water quality issues with the well?

1. End the inquiry since the seller confirmed no issues

2. No further action is needed

3. Get expert advice and include a related condition in the offer

4. Test the well water personally

5. Rely solely on the seller’s assertions

6. Wait until problems are reported

The correct answer is: Get expert advice and include a related condition in the offer

When a seller claims that there are no water quality issues with a rural property's well, it is critical to take additional steps before proceeding. Obtaining expert advice is essential because water quality can have significant implications for health and property value. By including a related condition in the offer, the buyer ensures that the well water is tested by a qualified professional before the closing of the sale. This proactive measure allows the buyer to verify the seller's claims, protecting themselves from potential liabilities or unexpected costs associated with poor water quality. Testing the water independently may not provide the same level of assurance or thoroughness as hiring an expert, while relying solely on the seller's statements can lead to unwise decisions based on potentially inaccurate information. Additionally, waiting for problems to arise is not a proactive approach and can result in more significant issues later on. Therefore, seeking expert evaluation and including this as a condition in the purchase offer is the most prudent course of action.