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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Jackson submitted a registration application to RECO but failed to disclose past termination due to suspicion of fraud. What can the Registrar do?

Accept the application but deny RECO insurance coverage
Deny the application due to non-disclosure
Ignore the past if it was more than 10 years ago
Accept the application if no charges were filed

The correct answer is: Deny the application due to non-disclosure

The correct answer is B. The Registrar can deny the application due to non-disclosure of past termination due to suspicion of fraud. In real estate, honesty and transparency are crucial, and failure to disclose such important information can call into question the individual's integrity and ethical standards. By not being forthright about past terminations related to fraud, the applicant may pose a risk to clients, the public, and the reputation of the real estate profession. Therefore, the Registrar has the authority to deny the application based on this non-disclosure. Options A, C, and D are incorrect because accepting the application with conditions, ignoring past transgressions, or overlooking non-disclosure would not be appropriate in this case. It is essential to uphold the standards of professionalism and trustworthiness in the real estate industry, and failure to disclose crucial information should result in application denial.