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!

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What primary responsibility does the broker of record have concerning compliance with rules and regulations for all individuals employed by the brokerage?

Can be a broker or can be a salesperson with at least five years' experience
Ensure all employed individuals, including unregistered assistants, follow regulatory standards
Is designated by the brokerage for a minimum two-year period and cannot be changed without approval
Must directly and personally supervise all salespersons in the brokerage

The correct answer is: Ensure all employed individuals, including unregistered assistants, follow regulatory standards

The primary responsibility of the broker of record concerning compliance with rules and regulations for all individuals employed by the brokerage is to ensure that all employed individuals, including unregistered assistants, follow regulatory standards. This is a crucial aspect of the broker of record's role as they are responsible for maintaining a high level of professionalism and adherence to regulations within the brokerage. Options A, C, and D do not accurately represent the primary responsibility of the broker of record in ensuring compliance with rules and regulations for all individuals employed by the brokerage. Option A discusses the qualifications of a broker of record, option C pertains to the designation and tenure of the broker of record, and option D focuses on the direct supervision of salespersons, which is not the primary responsibility in this context.