Humber/Ontario Real Estate Course 1 Exam Practice

What might result in prosecution under the Provincial Offences Act in the context of real estate?

1. Offences related to REBBA other than ethical breaches

2. Violations related to the Code of Ethics

3. Non-payment of RECO insurance premiums

4. Failing to disclose a bankruptcy during registration

5. Disputes over commission payments

6. Failing to adhere to marketing regulations

The correct answer is: Offences related to REBBA other than ethical breaches

Offences related to REBBA (Real Estate and Business Brokers Act) other than ethical breaches can result in prosecution under the Provincial Offences Act in the context of real estate. This answer is correct because REBBA sets out the rules and regulations governing real estate in Ontario, and any violations of these rules can lead to legal consequences. Ethical breaches, which involve a breach of professional conduct and integrity, are typically dealt with through disciplinary actions rather than prosecution under the Provincial Offences Act. Regarding the other options: - Violations related to the Code of Ethics are typically handled through disciplinary procedures rather than prosecution under the Provincial Offences Act. - Non-payment of RECO (Real Estate Council of Ontario) insurance premiums may result in administrative penalties or consequences but would not usually lead to prosecution under the Provincial Offences Act. - Failing to disclose a bankruptcy during registration may have legal implications, but it would not necessarily result in prosecution under the Provincial Offences Act. - Disputes over commission payments are typically civil matters between the parties involved and wouldn't usually lead to prosecution under the Provincial Offences Act. - Failing to adhere to marketing regulations may result in regulatory sanctions but would not necessarily lead to prosecution under the Provincial Offences Act