Humber/Ontario Real Estate Course 4 Exam 2025 – 400 Free Practice Questions to Pass the Exam Flash Cards

Question: 1 / 1255

If Salesperson Brown drafts an offer for a buyer to assume an existing mortgage, which is then accepted, and includes a waiver provision for the buyer if the mortgagee does not agree, what is correct?

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Brown cannot include a waiver; the mortgage clause cannot be waived at the buyer's discretion.

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