Humber/Ontario Real Estate Course 1 Exam Practice

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Prepare for the Humber/Ontario Real Estate Course 1 Exam with our comprehensive quiz. Test your understanding with multiple choice questions and detailed explanations. Build confidence and knowledge for a successful exam experience!

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Can Salesperson Benson receive payment if her real estate transaction was completed after her registration expired, but she promptly renewed it?

No, unless the brokerage's policies provide otherwise
No, she cannot get paid as she wasn't registered at the time
Yes, provided she was unaware and renewed promptly
Yes, because she renewed her registration immediately after the transaction

The correct answer is: No, she cannot get paid as she wasn't registered at the time

No, Salesperson Benson cannot receive payment as she wasn't registered at the time the real estate transaction was completed. In Ontario, it is a requirement for real estate professionals to be registered at the time a transaction is completed in order to receive payment for their services. Even though Benson promptly renewed her registration after it had expired, her registration status during the time of the transaction is what determines her eligibility to receive payment.