Real Estate Essentials - Test 05

If you are preparing for the Ontario Real Estate Essentials Test, you are in the right place. With our online practice tests, you can get an accurate understanding of the exam format and question types. The test assesses your knowledge of real estate laws, principles, and practices in Ontario. It covers various topics, including property ownership, mortgages, financing, and contracts. By taking advantage of our free practice tests, you can gain an edge over other candidates and increase your chances of passing the test on your first attempt. In addition to providing a simulated testing environment, our practice tests also come with detailed explanations of correct answers, allowing you to learn from your mistakes and refine your knowledge.

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Real Estate Essentials - Practice Test 05

Ontario Real Estate Essentials - Course 1

1 / 30

Which of these assumes all responsibilities under the Municipal Act?

2 / 30

Which of these Canadian cities is governed under a specific Act of Parliament rather than the Municipal Act?

3 / 30

In terms of "for sale", "open house" and "sold" signs, which of these is controlled by zoning bylaws?

4 / 30

All electronic documents held by a brokerage must be…?

5 / 30

Which of these would count as sensitive personal information rather than just personal information?

6 / 30

If both parties agree to terminate a contract, the contract is terminated by…?

7 / 30

If an owner or buyer wishes to make a use of their property that is not permitted in existing zoning bylaws, they may apply to their local committee of…?

8 / 30

A patent defect in a property is one that…?

9 / 30

Rescission means that a contract…?

10 / 30

Breach-of-contract occurs when…?

11 / 30

The consideration in a contract which makes it binding may not be…?

12 / 30

The Official Plan for a municipality may extend up to how far in the future?

13 / 30

Electronic signatures may only be used in a transaction if…?

14 / 30

A contract does not need a consideration element if it is signed under…?

15 / 30

The Family Law Act provides similar rights for common-law spouses as for married spouses as long as the couple have lived together for…?

16 / 30

Provincial policy statements address planning matters of public interest and are reviewed every…?

17 / 30

Damages are only payable for breach of contract if…?

18 / 30

If a landowner is granted land severance with conditional consent, they usually have how long to fulfil the conditions set?

19 / 30

Which of these falls under zoning bylaws?

20 / 30

A contract for land will be generally avoidable, sometimes void or never binding if the contract is made with a person under what age?

21 / 30

In breach of contract cases, a court may recommend a specific performance remedy, which is what?

22 / 30

A contract is terminated by "frustration" when…?

23 / 30

Salespersons must witness electronic signatures and ensure that what is added to them?

24 / 30

If the owner of a plot wishes to divide it up into two plots, they must apply to the local municipality for approval of…?

25 / 30

When an owner applies for land severance, the approval body must give its decision within…?

26 / 30

A Subdivision Plan registration is usually required when a landowner wants to divide their land into more than…?

27 / 30

Both spouses have equal right of possession of a matrimonial home…?

28 / 30

A Local Planning Appeals Tribunal (LPAT) is responsible for hearing…?

29 / 30

A "common mistake" in a contract occurs when…?

30 / 30

If one spouse is the registered owner of a matrimonial home and the other is not, they may not dispose of it, mortgage or income rate without…?

Your score is

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