Humber/Ontario Real Estate Course 1 Exam Practice

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Which of the following actions is NOT considered trading under REBBA?

  1. Assisting a registrant by answering seller's questions during a listing presentation.

  2. Helping a registrant by attending a listed home for a mortgage broker's inspection.

  3. Providing information to a prospective tenant about a rental property.

  4. Arranging a sign installation for a registrant and checking it was done properly.

  5. Negotiating lease terms on behalf of a property owner.

  6. Hosting an open house for potential buyers.

The correct answer is: Arranging a sign installation for a registrant and checking it was done properly.

The correct understanding of what constitutes "trading" under the Real Estate and Business Brokers Act (REBBA) is key to answering this question. In this context, trading involves acts that directly relate to the buying, selling, or leasing of real estate, which typically requires registration under the Act. Arranging a sign installation for a registrant and checking it was done properly does not involve facilitating a transaction. Instead, this action is more administrative in nature and does not partake in the considerations of trading as defined by REBBA. The emphasis is on whether the activity directly engages with the transaction process. In contrast, assisting a registrant by answering seller questions, helping at a home inspection, providing property information to prospective tenants, negotiating terms on behalf of a property owner, and hosting an open house all encompass activities that involve communication, decision-making, or engagement directly tied to the process of buying, selling, or leasing real estate. These actions align with the activities that one must be licensed to conduct, as they can affect the outcome of a transaction or engage with clients about their real estate needs. Therefore, focusing on the nature of the action and its connection to trading in real estate clarifies why arranging for a sign installation does not fall under the definition

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