Humber/Ontario Real Estate Course 1 Exam Practice

Which of the following is NOT part of REBBA's duties regarding information accuracy?

1. Ensuring buyers and sellers verify property information independently

2. Providing accurate information to both clients and customers

3. Advising clients to consult professionals when necessary

4. Maintaining records of all transactions accurately

5. Verifying the details of property transactions

6. Updating clients regularly on transaction progress

The correct answer is: Ensuring buyers and sellers verify property information independently

The correct answer is A. Ensuring buyers and sellers verify property information independently is not part of REBBA's duties regarding information accuracy. It is the responsibility of real estate agents to provide accurate information to both clients and customers, advise clients to consult professionals when necessary, maintain records of all transactions accurately, verify the details of property transactions, and update clients regularly on transaction progress. The real estate agent is the intermediary responsible for ensuring the information provided is accurate and reliable. However, verifying property information independently falls under the buyer's or seller's responsibility.