Humber/Ontario Real Estate Course 4 Exam Practice

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Prepare for the Humber/Ontario Real Estate Course 4 Exam with our comprehensive practice tests. Study with flashcards and multiple-choice questions, complete with hints and detailed explanations. Achieve success on your real estate licensing journey!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

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

Color choice for interior painting
Recent pest control measures
Previous repair records and receipts
Current mortgage details
Details about an ongoing dispute with a neighbor
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.