Humber/Ontario Real Estate Course 1 Exam Practice

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Prepare for the Humber/Ontario Real Estate Course 1 Exam with tailored quizzes and study materials. Test your knowledge with multiple-choice questions designed to help you excel in your real estate career. Get ready to pass your exam with confidence!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

When can Applicant Rasheed trade in real estate on behalf of his employing brokerage?

After confirming successful completion of the five prescribed courses in the current pre-registration education program.
After receiving the wallet registration certificate or using the MyRECO certificate app to retrieve an electronic copy.
After paying the RECO insurance premium in full.
After sending the complete application, along with the prescribed fee and the applicable course transcript.

The correct answer is: After receiving the wallet registration certificate or using the MyRECO certificate app to retrieve an electronic copy.

The correct answer is B. After receiving the wallet registration certificate or using the MyRECO certificate app to retrieve an electronic copy. Once the applicant, in this case, Rasheed, has successfully completed the necessary steps in the pre-registration education program and meets all the requirements, including paying the RECO insurance premium and submitting the complete application along with the prescribed fee and course transcript, they can trade in real estate on behalf of their employing brokerage. The wallet registration certificate or the electronic copy obtained through the MyRECO certificate app serves as the official authorization for Rasheed to start carrying out real estate transactions on behalf of the brokerage. This step signifies the final approval from the regulatory body before Rasheed can actively engage in real estate activities.