Ontario Real Estate Salesperson Licensing Exam (OREA Humber)

What are the essential elements required to form a valid contract for the sale of real estate in Ontario?

Only a written offer and acceptance Offer, acceptance, consideration, intention to create legal relations, capacity of parties, and legality of purpose Only the signatures of the buyer and seller A verbal agreement and a handshake

Correct Answer:

Offer, acceptance, consideration, intention to create legal relations, capacity of parties, and legality of purpose

Access more questions from this quiz

Continue to Ontario Real Estate Salesperson Licensing Exam (OREA Humber) for more practice questions and the full quiz experience.

Access More Questions