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Ontario Real Estate Exam Prep

Free practice questions and study resources for the Real Estate Council of Ontario (RECO) real estate licensing exam. Updated for 2026.

Ontario Licensing at a Glance

Regulatory BodyReal Estate Council of Ontario (RECO)
Exam ProviderHumber College
License TypesSalesperson, Broker
Pre-License Education4 courses via Humber College
Exam FormatMultiple choice, 55 questions per course
Key LegislationTrust in Real Estate Services Act (TRESA)

Exam Topics for Ontario

Master these key areas to pass your RECO real estate exam. Our practice questions cover all major topics tested across Canadian provinces.

Property Law

Land registration systems (Torrens, Land Titles), estates and interests in land, condominiums, and cooperative ownership.

Contracts

Agreement of Purchase and Sale, listing agreements, conditions, waivers, and contract law fundamentals.

Agency & Ethics

Duties to clients and customers, disclosure obligations, conflicts of interest, and codes of ethics.

Mortgage Finance

Mortgage types, qualification, amortization, interest calculations, and lending regulations.

Land Use

Zoning, municipal planning, building codes, environmental regulations, and development approvals.

Valuation

Appraisal methods (comparison, cost, income), market analysis, and factors affecting property value.

Taxation

Property tax, land transfer tax, GST/HST on real estate, capital gains, and tax planning.

Regulatory

Provincial licensing requirements, trust accounts, FINTRAC anti-money laundering, and consumer protection.

Residential

Residential property types, buyer/seller representation, offer process, and closing procedures.

Commercial

Commercial property types, leasing, investment analysis, and commercial transaction processes.

Frequently Asked Questions

How do I get my real estate licence in Ontario?

You must complete the pre-registration education program through Humber College (4 courses), pass each course exam, register with RECO, and complete additional courses within your first two years of registration.

What is TRESA and how does it affect Ontario real estate?

The Trust in Real Estate Services Act (TRESA) replaced REBBA in 2023. It modernized regulations, introduced personal real estate corporations (PRECs), and updated rules around multiple representation and disclosure.

How much does it cost to become a real estate agent in Ontario?

Expect to spend approximately $4,000-$5,000 for Humber College courses, plus RECO registration fees, insurance costs, and brokerage fees. Total first-year costs typically range from $6,000-$10,000.

What topics are covered on the Ontario real estate exam?

The exams cover real property law, contracts and agreements, land registration, mortgage financing, property valuation, ethics, and Ontario-specific regulations under TRESA.

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