Humber/Ontario Real Estate Course 2 Exam Practice

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Which factor should be verified before adding repair information to a data sheet?

  1. The credibility of repair documents

  2. The visibility of repairs

  3. The popularity of the repair company

  4. The buyer's interest in repair details

  5. The age of the repair work

  6. The seller's motive for disclosing repairs

The correct answer is: The credibility of repair documents

Before adding repair information to a data sheet, it is crucial to verify the credibility of the repair documents. This step is important to ensure that the repairs were indeed carried out, documented accurately, and completed by reputable professionals. Without confirming the credibility of the repair documents, there may be a risk of misrepresentation or inaccurate information being provided to potential buyers. Therefore, it is essential to prioritize verifying the authenticity and reliability of repair documentation to maintain transparency and trust in the real estate transaction process.