Humber/Ontario Real Estate Course 1 Exam Practice

Disable ads (and more) with a membership for a one time $2.99 payment

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!

Practice this question and more.

What must a broker of record include in advertisements?

Their registration number.
The brokerage's address.
The term "real estate broker of record".
Their full legal name.
The local real estate board's logo.
The term "licensed real estate broker".

The correct answer is: The term "real estate broker of record".

The correct answer is the term "real estate broker of record." Including this term in advertisements is important as it clearly identifies the individual in the primary role responsible for the brokerage's operations and compliance with regulations. This designation helps consumers understand who they are dealing with, establishing accountability and professionalism in the real estate industry. In Ontario, regulations govern how brokers of record must represent themselves and their businesses to maintain transparency within the marketplace. This identification not only assures consumers of the qualifications of the broker serving them but also reinforces the standards upheld within the profession. While the other options may also be relevant in various contexts, they do not solely denote the authoritative position of the broker of record as succinctly as the correct term does. For instance, the registration number, brokerage address, and personal name may be included for identification purposes, but they do not convey the specific role of being the broker of record, which is key to the consumer's understanding of who is responsible for the real estate services provided.