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!

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When listing a property and suspecting an unused, underground fuel storage tank, what should you advise the seller?

  1. Advise the seller to contact a TSSA-certified contractor to provide guidance.

  2. Inform the seller that Urea Formaldehyde Foam Insulation (UFFI) is no longer a concern as it was banned in the 1980s.

  3. Explain that asbestos is a serious hazard but only if it is not airborne.

  4. Ensure the seller tests for radon gas levels in the basement.

  5. Suggest updating the electrical wiring to meet current codes.

  6. Advise the seller to replace old HVAC systems.

The correct answer is: Advise the seller to contact a TSSA-certified contractor to provide guidance.

Advising the seller to contact a TSSA-certified contractor for guidance regarding a suspected unused underground fuel storage tank is crucial for several reasons. The Technical Standards and Safety Authority (TSSA) specializes in matters related to fuels and storage systems. By engaging a certified contractor, the seller can ensure that any potential environmental hazards associated with the underground tank are properly assessed and managed. This expert guidance can help prevent environmental contamination, which poses risks not only to the property but also to public safety. Since the presence of an underground fuel storage tank may lead to leaks and environmental liability, a TSSA-certified contractor can provide the necessary expertise to evaluate the situation and recommend appropriate actions, such as proper removal or remediation. This step is essential for safeguarding the interests of the seller and maintaining compliance with local regulations regarding hazardous materials. Other options provided do not directly address the issue of an underground fuel storage tank. While they touch on concerns that may be relevant to property safety and environmental health, they lack the specific focus on the fuel tank, which is the primary concern in this scenario.