Which would NOT be considered a material fact that might deter a typical buyer client from purchasing a specific home?

Get ready for the Ontario real estate exam with our 2025 practice test and study guide. Learn how to pass Course 1 at Humber and get your real estate license.

The correct response is the upgraded electrical panel, as this is typically considered a positive feature rather than a deterrent. An upgraded electrical panel indicates that the home's electrical system has been modernized, which can enhance safety and efficiency, making the property more appealing to potential buyers.

In contrast, the other options—presence of mould, drainage problems, lack of insulation, erosion issues, and leakage in the roof—are clearly material facts that pose significant concerns. They can lead to health risks, structural damage, and increased maintenance costs, which are likely to deter a typical buyer from proceeding with the purchase.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy