Humber/Ontario Real Estate Course 1 Exam Practice

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Which of the following is a common consequence of misleading advertising in real estate?

  1. Increased property value

  2. Higher taxes

  3. Loss of license

  4. Longer property listing period

The correct answer is: Loss of license

Misleading advertising in real estate can have serious consequences, one of which is the loss of license. Real estate professionals are held to high ethical standards, and misleading advertising is a serious violation of these standards. As a result, regulatory bodies can revoke a real estate agent's license for engaging in misleading advertising practices. Options A, B, and D are not directly related to misleading advertising in real estate. Increased property value, higher taxes, and longer property listing periods are not consequences typically associated with misleading advertising.