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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Which of the following is NOT a role of the Broker of Record as described in REBBA?

Attending weekly sales meetings.
Monitoring brokerage activities to prevent non-compliance with REBBA.
Actively supervising registrants.
Overseeing the general functioning of the brokerage.

The correct answer is: Attending weekly sales meetings.

The Broker of Record plays a crucial role in overseeing the operations of a real estate brokerage as per the requirements outlined in REBBA (Real Estate and Business Brokers Act). This role includes monitoring brokerage activities to ensure compliance with REBBA, actively supervising registrants to ensure they are following regulations and ethical standards, and overseeing the general functioning of the brokerage to maintain professionalism and integrity. Attending weekly sales meetings is typically not a specified duty of the Broker of Record according to REBBA, making it the correct choice as NOT a role of the Broker of Record.