Ontario Real Estate Licensing Exam Practice · Question
Remuneration in an Ontario listing agreement must be:
Commission is freely negotiated and must be disclosed in the written agreement.
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Question: Remuneration in an Ontario listing agreement must be:
Answer options:
- A fixed percentage set by RECO ✅ Negotiated and disclosed in writing
- Hidden from the buyer
- Paid by the buyer only
Correct answer: Negotiated and disclosed in writing
Explanation: Commission is freely negotiated and must be disclosed in the written agreement.
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