EstatePass
Residential TradingDisclosure RequirementsONMEDIUM

Under TRESA's general regulation, what must a salesperson do with the RECO Information Guide before providing services to a consumer?

Correct Answer

C) Provide a copy or link and explain its contents

O. Reg. 567/05 s. 13(3) requires a registrant to give the person a copy of the information guide, or a link to it on RECO's website, before providing services or assistance in relation to trading in real estate. Section 13(4) adds that the broker or salesperson must explain its contents before providing that service. There is no "Information Before Agreement" form.

Answer Options
A
Have the consumer sign an Information Before Agreement form
B
Email it within 24 hours of first contact, without explanation
C
Provide a copy or link and explain its contents
D
Post it in the brokerage office for consumers to read

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Residential Trading Question

Sign up free to unlock full analysis

Background Knowledge for Residential Trading

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Residential Trading

Sign up free to unlock full analysis

Common Mistakes to Avoid on Residential Trading Questions

Sign up free to unlock full analysis

Key Terms

RECO Information GuideTRESAconsumer disclosureO. Reg. 567/05 s. 13
Was this explanation helpful?

More Residential Trading Questions

People Also Study

Practice More Residential Trading Questions

Access 540+ Canadian real estate exam questions and pass your licensing exam.

Start Practicing