Ontario Real Estate Licensing Exam Practice · Question
Under the Trust in Real Estate Services Act (TRESA), 2023, what is a key change introduced regarding the provision of services to unrepresented parties?
TRESA 2023 clarifies and permits registrants to provide services to unrepresented parties, now termed 'self-represented' parties, while maintaining a clear dist
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Question: Under the Trust in Real Estate Services Act (TRESA), 2023, what is a key change introduced regarding the provision of services to unrepresented parties?
Answer options:
- Brokerages are now prohibited from providing any services to unrepresented parties.
- The Act mandates that all unrepresented parties must seek independent legal advice before interacting with a registrant. ✅ Registrants are now explicitly allowed to provide 'customer service' to an unrepresented party, distinct from 'client services'.
- Unrepresented parties are automatically considered clients of the registrant they interact with, regardless of a service agreement.
Correct answer: Registrants are now explicitly allowed to provide 'customer service' to an unrepresented party, distinct from 'client services'.
Explanation: TRESA 2023 clarifies and permits registrants to provide services to unrepresented parties, now termed 'self-represented' parties, while maintaining a clear distinction from the duties owed to clients, thereby offering flexibility in interactions.
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