Humber/Ontario Real Estate Course 1 Exam Practice

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Under what condition might a previous fraud allegation affect a RECO registration application despite no charges being filed?

  1. Registrar can deny based on non-disclosure

  2. Automatically accepted after ten years have passed

  3. Registrar overlooks if no charges were filed

  4. Accepted but insurance denied

The correct answer is: Registrar can deny based on non-disclosure

The Registrar has the authority to consider an applicant's full history and conduct when evaluating their suitability for registration with RECO (Real Estate Council of Ontario). Even if no charges were filed regarding the previous fraud allegation, the failure to disclose such information during the application process can significantly impact the application. Transparency is crucial in the registration process, and any non-disclosure can be interpreted as a lack of honesty or integrity, which are essential traits for anyone operating in the real estate profession. Therefore, if someone does not disclose a prior fraud allegation, the Registrar may view this as grounds for denying the application, as it raises concerns about the applicant's trustworthiness and ethical standards.