During an open house, a real estate salesperson comments to a potential buyer that the neighbourhood is 'perfect for young, growing families.' The salesperson knows that the area has a high percentage of retirees and very few amenities for children. Which section of the Code of Ethics is most directly violated?

Question: During an open house, a real estate salesperson comments to a potential buyer that the neighbourhood is 'perfect for young, growing families.' The salesperson knows that the area has a high percentage of retirees and very few amenities for children. Which section of the Code of Ethics is most directly violated?

Answer options: ✅ Section 3 – Fairness, honesty, and integrity

• Section 19 – Unauthorized practice of law
• Section 15 – Written agreements
• Section 29 – Advertising

Correct answer: Section 3 – Fairness, honesty, and integrity

Explanation: While this could also touch on misleading advertising (Section 10), the direct verbal misrepresentation to a potential buyer about the neighborhood's suitability breaches Section 3 (1) of the Code of Ethics (O. Reg. 580/05, now TRESA), which requires registrants to treat every person fairly, honestly, and with integrity.