Humber/Ontario Real Estate Course 1 Exam Practice

Which of the following is NOT considered a material defect in a property?

1. Crack in the foundation

2. Leaking roof

3. Old paint color

4. Mold infestation

The correct answer is: Old paint color

A material defect in a property is a significant issue that may affect the value of the property or pose a health or safety risk to the occupants. In this context, an old paint color would not typically be considered a material defect. While personal preference may be to update the paint color, it does not generally have a significant impact on the value or safety of the property. On the other hand, a crack in the foundation, a leaking roof, and a mold infestation are all examples of material defects that could have serious implications for the property and its occupants. These issues may require significant repairs or remediation and could potentially impact the property's value.