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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RECO conducts brokerage inspections for various reasons. Which of the following is NOT one of them?

  1. To verify that the brokerage is a member of an organized real estate group

  2. To confirm compliance with REBBA

  3. To investigate a complaint regarding a brokerage

  4. To verify eligibility for salesperson, broker, or broker of record registration

The correct answer is: To verify that the brokerage is a member of an organized real estate group

RECO conducts brokerage inspections for various reasons to ensure compliance with the Real Estate and Business Brokers Act (REBBA) and to maintain industry standards. The option "To verify that the brokerage is a member of an organized real estate group" is not a reason for RECO to conduct an inspection. RECO's main concern during inspections is to confirm that brokerages are following legal requirements, meeting professional standards, and protecting consumers. The membership status of an organized real estate group is not a direct factor in fulfilling these objectives, making option A the correct answer.