Humber/Ontario Real Estate Course 2 Exam Practice

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Prepare for the Ontario Real Estate Exam with our comprehensive Humber Course 2 Exam Practice quiz. Engage with multiple choice questions and detailed explanations, designed to help you excel.

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.

What is the timeframe within which a brokerage must notify RECO about a change in the brokerage address?

Within 5 business days.
Within 10 business days.
Within 15 business days.
Within 30 business days.

The correct answer is: Within 10 business days.

A brokerage must notify RECO about a change in the brokerage address within 10 business days. This timeframe is crucial to ensure that RECO always has accurate information about the brokerage's location for regulatory and communication purposes. Option A (Within 5 business days) is too short a timeframe for processing administrative changes. Option C (Within 15 business days) and Option D (Within 30 business days) are both longer than the standard requirement set by RECO for this specific notification.