Ontario Real Estate Licensing Exam Practice · Question
A real estate salesperson in Ontario receives confidential information from a seller client. Under REBBA 2002 as amended by TRESA 2023, how long must this confidentiality be maintained?
The duty of confidentiality under REBBA 2002, as reinforced by TRESA 2023, extends indefinitely, even after the termination of a representation agreement. Regis
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Question: A real estate salesperson in Ontario receives confidential information from a seller client. Under REBBA 2002 as amended by TRESA 2023, how long must this confidentiality be maintained?
Answer options:
- Until the transaction closes successfully.
- For a period of one year after the service agreement terminates. ✅ Indefinitely, even after the termination of the service agreement.
- Only while the service agreement is active.
Correct answer: Indefinitely, even after the termination of the service agreement.
Explanation: The duty of confidentiality under REBBA 2002, as reinforced by TRESA 2023, extends indefinitely, even after the termination of a representation agreement. Registrants must protect client's confidential information perpetually.
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