Humber/Ontario Real Estate Course 1 Exam Practice

What does the RECO complaint process provide for?

1. Allows RECO to void an agreement of purchase and sale due to misrepresentation

2. Provides for mediation

3. Provides for damages or compensation to the individual making the complaint

4. Would not involve a Registrar's proposal

The correct answer is: Provides for mediation

The correct answer is B, "Provides for mediation." The RECO complaint process aims to facilitate communication and resolution between the parties involved in a dispute. Mediation is a process where an impartial third party helps the disputants reach a mutually acceptable agreement. This option aligns with the purpose of the RECO complaint process to assist in resolving issues through mediation. Option A is incorrect because the RECO complaint process does not provide the authority to void an agreement of purchase and sale due to misrepresentation. This would typically involve legal proceedings or other means of resolution. Option C is incorrect as the RECO complaint process is focused on resolving disputes and reaching agreements, rather than providing damages or compensation to the individual making the complaint. Option D is incorrect because the involvement of a Registrar's proposal is a possibility within the RECO complaint process, depending on the nature of the complaint and the recommended course of action.