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!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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What is the primary responsibility of the board of directors at the Real Estate Council of Ontario?

  1. Day-to-day operations of individual brokerages.

  2. Formulating policies for RECO.

  3. Recording real estate transactions.

  4. Granting land use permits.

  5. City zoning decisions.

  6. Monitoring MLS® systems.

The correct answer is: Granting land use permits.

The primary responsibility of the board of directors at the Real Estate Council of Ontario (RECO) is to formulate policies for RECO. Board members are responsible for setting the overall direction and objectives of RECO, ensuring that it operates effectively and ethically. While options A, C, E, and F may pertain to real estate activities, they are not the primary responsibilities of the board of directors at RECO. Option D, granting land use permits, is not a responsibility of the board of directors at RECO as it falls under the jurisdiction of municipal or regional authorities, making it the incorrect choice in this context.