Humber Real Estate Course 1: Modules 1-3 questions with correct answers

Real Estate and Business Brokers Act (REBBA) CORRECT ANSWER - regulates real estate trading - Ministry of Government & Consumer Services is responsible for it - RECO enforces it - provides a framework for the regulation of the profession to protect consumers & ensure integrity of interactions is upheld REBBA Code of Ethics CORRECT ANSWER - objective is to protect sellers & buyers by outlining standards to be upheld during all real estate activities - Fairness & Honesty - Conscientious & Competent Service - Services From Others Code of Ethics: Services From Others CORRECT ANSWER must advise a seller/buyer to obtain services from another person if the registrant isn't able to provide the services listing brokerage CORRECT ANSWER when a brokerage has a property listed for sale