Humber/Ontario Real Estate Course 1 Exam Practice

In the event of a serious complaint involving financial damage against a salesperson or broker, what action may the Registrar take?

1. Cannot refer the matter to law enforcement authorities.

2. Could pursue prosecution under the Provincial Offences Act.

3. Can order suspension but cannot issue a Registrar's Notice of Proposal.

4. Only has two options: either immediate suspension or issue a Registrar's Notice of Proposal.

The correct answer is: Only has two options: either immediate suspension or issue a Registrar's Notice of Proposal.

The Registrar has specific powers to ensure that the real estate profession maintains high standards of conduct and integrity. In situations where there is a serious complaint involving financial damage against a salesperson or broker, the Registrar's immediate focus is on protecting the public and upholding the reputation of the profession. The choice that mentions having only two options—either immediate suspension or issuing a Registrar's Notice of Proposal—is correct because the Registrar must respond to serious complaints swiftly and decisively. Immediate suspension is a measure that can be taken to prevent further potential harm while the investigation is conducted. Similarly, issuing a Registrar's Notice of Proposal allows for a formal process to consider further regulatory actions against the salesperson or broker involved. This two-pronged approach helps to ensure that the concerns are addressed efficiently while safeguarding the interests of consumers. Other choices may imply limitations or misunderstandings about the Registrar's authority. For instance, the ability to refer matters to law enforcement is separate from the Registrar's regulatory powers and is not restricted solely to serious complaints. Additionally, while the Registrar can take various actions, the choice of having only two specified options encapsulates the urgency and seriousness with which the Registrar must respond to allegations of misconduct.