Real Estate Program For Ontario
COURSE MODULES, EXAM AND PRACTICE TESTS
Humber College is the new provider of the Real Estate Salesperson Program in Ontario. The program is delivered on behalf of the Real Estate Council of Ontario (RECO). The program is flexible and offered online and in locations across Ontario.

> Course 1: Real Estate Essential (40 hrs)

MODULES

1. Introducing the Real Estate Profession
2. Introducing the Fundamentals of Real Estate
3. Introducing Property Ownership, Rights and Limitations
4. Introducing Land Description and Land Registration
5. Introducing the Real Estate and Business Brokers Act (REBBA)
6. Introducing the Key Legislation & Regulations
7. Introducing Other Relevant Legislation & Regulations


EXAM 1

DURATION:2 hours
TOTAL QUESTIONS:75
QUESTIONS TYPE:Multiple Choice
PASSING SCORE:75

For free practice questions, click here



> Course 2: Residential Real Estate Transactions (150 hrs)

MODULES

1. Explaining Services Available to a Seller or a Buyer
2. Documenting Relationships
3. Understanding Residential Property Types, Ownership, and Planning
4. Factors Impacting Residential Real Estate Negotiations
5. The Financial Aspects of the Buying and Selling Process and the Role of Third-Party Professionals
6. Understanding Residential Construction – Structural Components
7. Understanding Residential Construction – Mechanical Systems
8. Understanding Residential Construction – Internal & External Finishes
9. Preparing to Market a Residential Real Property
10. How Property Conditions Impact Disclosure Requirements
11. Property Value and Listing Price Considerations
12. Listing and Marketing Properties
13. Showing Residential Properties and Advising on Properties of Interest
14. The Offer Process and Regulatory Obligations
15. Introducing a Residential Agreement of Purchase and Sale
16. Completing a Residential Agreement of Purchase and Sale Including Terms for a Buyer or Seller
17. Writing Conditions to be Included in an Agreement of Purchase and Sale
18. Completing a Residential Agreement of Purchase and Sale, Countering an Offer, and Working with Competing Offers
19. Additional Sale-Related Documents and Other Legal Obligations
20. Completing Real Estate Transactions


EXAM 2

DURATION:3 hours
TOTAL QUESTIONS:115
QUESTIONS TYPE:Multiple Choice
PASSING SCORE:75





> Course 3: Real Estate Essential (40 hrs)

MODULES

1. Introducing Residential Condominiums
2. Preparing to Sell Residential Condominiums
3. Completing Agreements of Purchase and Sale for Residential Condominiums
4. Transactions Involving New Construction
5. Transactions Involving Rural Properties
6. Transactions Involving Residential Multi-Unit Dwellings
7. Preparing to Lease Residential Real Properties
8. Preparing to Lease Residential Condominiums
9. Completing Agreements to Lease for Residential Tenancies


EXAM 3

DURATION:3 hours
TOTAL QUESTIONS:115
QUESTIONS TYPE:Multiple Choice
PASSING SCORE:75

SIMULATION SESSION 1
DURATION:5 days





> Course 4: Commercial Real Estate Transactions (115 hrs)

MODULES

1. Introducing Commercial Real Estate
2. Understanding Commercial Construction
3. Identifying Requirements for Office and Retail Properties
4. Preparing to Sell Office and Retail Properties
5. Preparing to Sell Commercial Condominiums
6. Identifying Requirements for Industrial Properties
7. Preparing to Sell Industrial Properties
8. Showing Office, Retail or Industrial Properties and Advising on Properties of Interest
9. Completing Agreements of Purchase and Sale for Office and Retail Properties
10. Completing Agreements of Purchase and Sale for Commercial Condominiums
11. Completing Agreements of Purchase and Sale for Industrial Properties
12. Preparing to Lease Office, Retail and Industrial Properties
13. Transactions Involving Commercial Leasing
14. Transactions Involving Development Land and Farms
15. Transactions Involving Brokering the Sale of a Business


EXAM 4

DURATION:3 hours
TOTAL QUESTIONS:115
QUESTIONS TYPE:Multiple Choice
PASSING SCORE:75

SIMULATION SESSION 2
DURATION:4 days





> Course 5: Getting Started (5 hrs)

MODULES

1. Obtaining and Maintaining Your Registration and Insurance
2. Exploring Areas of Focus and Choosing a Brokerage


NO EXAM