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.


Real Estate Essentials - Practice Test 05

Ontario Real Estate Essentials - Course 1

1 / 30

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

2 / 30

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

3 / 30

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

4 / 30

A patent defect in a property is one that…?

5 / 30

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

6 / 30

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

7 / 30

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

8 / 30

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

9 / 30

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

10 / 30

All electronic documents held by a brokerage must be…?

11 / 30

A contract is terminated by "frustration" when…?

12 / 30

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

13 / 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…?

14 / 30

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

15 / 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…?

16 / 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…?

17 / 30

Rescission means that a contract…?

18 / 30

Which of these falls under zoning bylaws?

19 / 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?

20 / 30

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

21 / 30

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

22 / 30

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

23 / 30

Breach-of-contract occurs when…?

24 / 30

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

25 / 30

Damages are only payable for breach of contract if…?

26 / 30

Which of these assumes all responsibilities under the Municipal Act?

27 / 30

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

28 / 30

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

29 / 30

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

30 / 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…?

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