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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Who must ensure that REBBA requirements are strictly followed and enforced by the brokerage?

The branch manager.
The salesperson.
The broker of record.
The client service manager.
The compliance officer.
The legal advisor.

The correct answer is: The broker of record.

The correct answer is indeed the broker of record. In real estate brokerage, the broker of record holds significant responsibility, including ensuring that all activities within the brokerage comply with the Real Estate and Business Brokers Act (REBBA). This includes overseeing the agents' conduct, ensuring the brokerage adheres to all legal and ethical obligations, and maintaining the integrity of the business operations according to the regulatory framework set by the REBBA. While others listed in the options can have important roles within a brokerage, they do not carry the same level of responsibility for compliance. The branch manager may supervise operations at a specific location but ultimately reports to the broker of record. Salespeople are agents selling properties and may follow regulations, but they are not responsible for overall compliance. The client service manager focuses on client relations rather than regulatory adherence. The compliance officer, if present, would aid in monitoring compliance policies but does not serve as the primary accountable party under REBBA. Lastly, the legal advisor provides guidance on legal matters but does not oversee day-to-day brokerage operations or compliance directly. Thus, the broker of record is tasked with the highest level of authority and responsibility for ensuring that REBBA requirements are strictly followed and enforced within the brokerage.