Which statement is NOT correct regarding electronic signatures in real estate transactions in Ontario?

Option B is incorrect because brokerages are not required to keep a hard copy of electronically signed agreements of purchase and sale. In Ontario, electronic signatures are considered valid and legally binding as long as they comply with the requirements set out in the Electronic Commerce Act. Therefore, the physical retention of hard copies is not mandatory for brokerages. It is important for real estate professionals to ensure that they understand and adhere to the specific regulations and guidelines surrounding electronic signatures in real estate transactions to avoid any legal complications.