Ontario Real Estate Licensing Exam Practice · Question
Which of the following is a key objective of TRESA, 2023?
A key objective of TRESA, 2023, is to strengthen consumer protection and increase transparency and professionalism within Ontario's real estate sector, includin
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Question: Which of the following is a key objective of TRESA, 2023?
Answer options: ✅ To enhance consumer protection and increase transparency in real estate transactions.
- To decrease the number of licensed real estate professionals in Ontario.
- To simplify the process of appealing property tax assessments.
- To exclusively promote the interests of real estate brokerages.
Correct answer: To enhance consumer protection and increase transparency in real estate transactions.
Explanation: A key objective of TRESA, 2023, is to strengthen consumer protection and increase transparency and professionalism within Ontario's real estate sector, including changes to disclosures and multiple representation.
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