Humber/Ontario Real Estate Course 1 Exam Practice

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What must be completed before a salesperson's registration with RECO is finalized?

  1. The RECO insurance premium must be paid.

  2. An original Canadian criminal record check must be submitted.

  3. The final course in Commercial Real Estate Transactions must be passed.

  4. All facilitated review sessions must be attended.

  5. Background verification including real estate transaction history must be done.

  6. The RECO fee must be processed.

The correct answer is: The RECO insurance premium must be paid.

Before a salesperson's registration with RECO (Real Estate Council of Ontario) can be finalized, they are required to pay the RECO insurance premium. This premium is necessary for registration and must be completed to ensure compliance with regulatory requirements. Choices B, C, D, and E are not mandatory steps for finalizing a salesperson's registration with RECO.

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