Ontario Real Estate Licensing Exam Practice · Question
A client, Ms. Perez, wants to terminate her buyer representation agreement with salesperson Tom before the agreed-upon term. What is a valid reason for Tom to refuse the termination?
An irrevocable representation agreement cannot be terminated unilaterally by the client before its expiry unless the agreement itself provides for certain condi
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Question: A client, Ms. Perez, wants to terminate her buyer representation agreement with salesperson Tom before the agreed-upon term. What is a valid reason for Tom to refuse the termination?
Answer options:
- Tom has already spent a significant amount of time showing Ms. Perez properties. ✅ The agreement explicitly states it is irrevocable for the entire term.
- Tom believes Ms. Perez will not find another suitable salesperson.
- Tom has a pending offer that Ms. Perez is considering.
Correct answer: The agreement explicitly states it is irrevocable for the entire term.
Explanation: An irrevocable representation agreement cannot be terminated unilaterally by the client before its expiry unless the agreement itself provides for certain conditions of termination, or by mutual agreement.
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