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 accurate about the Real Estate and Business Brokers Act (REBBA)?

Certain individuals are exempt from REBBA registration
Brokerage inspections are conducted by RECO
The Ministry of Consumer Services conducts inspections
There are three registration categories under REBBA
The Real Estate Council of Ontario enforces REBBA
REBBA governs the activities of real estate professionals

The correct answer is: The Ministry of Consumer Services conducts inspections

Option C is not accurate because the statement "The Ministry of Consumer Services conducts inspections" is incorrect. In reality, brokerage inspections are conducted by the Real Estate Council of Ontario (RECO), not the Ministry of Consumer Services. RECO is responsible for regulating the real estate industry in Ontario and ensuring that professionals comply with the rules and regulations set out in REBBA. Therefore, it is essential to understand that RECO, and not the Ministry of Consumer Services, is involved in conducting inspections related to REBBA.