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Regulatory ComplianceProvincial LicensingONEASY

In Ontario, who is responsible for regulating real estate professionals and enforcing compliance with TRESA?

Correct Answer

A) Real Estate Council of Ontario (RECO)

The Real Estate Council of Ontario (RECO) is the regulatory body responsible for licensing real estate professionals and enforcing compliance with TRESA in Ontario. RECO oversees licensing, education, discipline, and consumer protection in the real estate industry.

Answer Options
A
Real Estate Council of Ontario (RECO)
B
Ontario Securities Commission (OSC)
C
Financial Services Regulatory Authority of Ontario (FSRA)
D
Ministry of Government and Consumer Services

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