Humber/Ontario Real Estate Course 4 Exam Practice

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Which of the following is NOT a source document that supports the listing agreement and listing data sheet?

  1. Brokerage service contract.

  2. Final tax bill for the current or previous year.

  3. Full property assessment report.

  4. GeoWarehouse report.

  5. Government survey document.

  6. Previous listing agreement.

The correct answer is: Previous listing agreement.

The correct answer highlights that a previous listing agreement is not a source document that supports the current listing agreement and listing data sheet. Source documents are typically current specific records or reports that provide essential information and verification related to the property being listed. In contrast, a previous listing agreement pertains specifically to a former transaction and would not directly endorse or provide up-to-date information on the current listing accuracy or details. Current data, financial reports, and property assessments serve to validate and ensure the integrity of the listing, while a previous listing agreement does not fulfill this purpose as it may no longer reflect the current status or conditions of the property.

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