Ontario Real Estate Licensing Exam Practice · Question
If a real estate salesperson is charged with a criminal offence, what is their immediate obligation concerning RECO?
Under the Trust in Real Estate Services Act, 2002, registrants have an ongoing obligation to declare criminal charges to RECO immediately upon being charged. Th
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Question: If a real estate salesperson is charged with a criminal offence, what is their immediate obligation concerning RECO?
Answer options:
- To immediately cease all real estate activities.
- To inform their managing broker only. ✅ To report the charge to RECO immediately.
- To wait until the judicial process is complete before informing RECO.
Correct answer: To report the charge to RECO immediately.
Explanation: Under the Trust in Real Estate Services Act, 2002, registrants have an ongoing obligation to declare criminal charges to RECO immediately upon being charged. This allows RECO to assess whether the charge impacts the individual's fitness for registration or public trust, regardless of the judicial outcome.
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