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Question 1
Which statute currently governs the conduct of real estate brokerages, brokers and salespersons in Ontario?
Correct Answer:
The Trust in Real Estate Services Act, 2002 (TRESA)
Question 2
On what date did the Trust in Real Estate Services Act, 2002 (TRESA) replace the former REBBA name and bring in the Phase 2 regulations?
Correct Answer:
December 1, 2023
Question 3
What is the primary purpose of TRESA as a piece of Ontario legislation?
Correct Answer:
To protect consumers and govern the conduct of those trading in real estate
Question 4
Which organization is responsible for administering and enforcing TRESA in Ontario?
Correct Answer:
The Real Estate Council of Ontario (RECO)
Question 5
In which year was the Real Estate Council of Ontario (RECO) established to regulate the sector?
Correct Answer:
1997
Question 1
Exam overview

About this Exam

Prepare with the Ontario RE Essentials Exam Practice Questions - Ontario Real Estate Essentials Exam (RECO Humber College Real Estate Salesperson Program) Exam practice quiz. This question bank includes 100 questions covering tresa, registrant, brokerage, estate, and client. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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Ontario RE Essentials Exam Practice Questions - Ontario Real Estate Essentials Exam (RECO Humber College Real Estate Salesperson Program) Exam

This practice set contains 100 questions from the matching question bank and focuses on tresa, registrant, brokerage, estate, and client. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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