Humber/Ontario Real Estate Course 1 Exam Practice

When RECO decides to conduct an inspection of a brokerage based on a salesperson's conduct, what is the responsibility of the salesperson?

1. That salesperson must provide the inspector with any relevant documents that are in his or her possession

2. That salesperson is not obligated to provide any relevant records that are in his or her possession, as the inspection relates only to the brokerage

3. The inspector must provide the brokerage with 96 hours' notice of the intended inspection

4. The inspector can only deal with that specific complaint and not delve further into brokerage operations regarding overall compliance with the Act

The correct answer is: That salesperson must provide the inspector with any relevant documents that are in his or her possession

The correct answer states that the salesperson must provide the inspector with any relevant documents that are in his or her possession. This is based on the principle that, during an inspection, cooperation with regulatory authorities is essential for ensuring compliance with real estate laws and regulations. When a Real Estate Council of Ontario (RECO) inspector conducts an inspection, they are assessing not only the overall functioning of the brokerage but also the individual compliance of salespeople connected to the brokerage. By providing relevant documents, the salesperson aids the inspection process, allowing for a thorough examination of practices and possible issues within that particular brokerage. This reflects a commitment to transparency and accountability within the real estate profession, which helps protect consumers and maintain industry integrity. The other options describe situations that do not align with the obligations of salespersons during inspections. The idea that a salesperson is not obligated to provide records, for example, undermines the regulatory process. Not giving prior notice of inspections also is not accurate, as inspections are typically handled promptly to ensure compliance is maintained without excessive delay. Finally, restricting an inspection solely to a specific complaint does not allow inspectors the flexibility they need to assess overall compliance effectively.