Course 1: Real Estate Essentials
The foundational course for Ontario real estate licensing. Covers TRESA, the regulatory framework, RECO standards, property ownership, land registration, and the legal responsibilities of a registrant.
Your study experience
Everything you need to pass — practice questions, AI explanations, spaced repetition, and progress tracking.
Under TRESA, when must a salesperson disclose a material latent defect?
Why is B the correct answer here?
AI Tutor
Under TRESA s.18, a registrant must disclose material facts as soon as they become aware. “As soon as practicable” is the statutory standard — not a scheduled point in the deal.
Options A, C, and D all specify a fixed moment — those would permit delay, which TRESA does not allow.
The SM-2 algorithm resurfaces questions you got wrong at the exact moment before you would have forgotten them.
Topics mastered
8 of 12
Weakest area
Land Registration
What you'll learn
Introduction to Real Estate in Ontario
Overview of the Ontario real estate industry, career paths, and the registration requirements for becoming a salesperson.
The Trust in Real Estate Services Act (TRESA)
Core provisions of TRESA including designated representation, self-represented parties, and how the Act governs registrant conduct.
RECO and the Regulatory Framework
Role of the Real Estate Council of Ontario, its mandate, registration classes, and how disciplinary processes work.
Code of Ethics and Standards of Business Practice
RECO Code of Ethics obligations covering honesty, fairness, conflicts of interest, and the duty to clients and the public.
Property Ownership and Rights
Types of property ownership in Ontario including freehold, leasehold, condominium, co-operative, and various forms of co-ownership.
Land Description and Registration Systems
Ontario's two land registration systems — Registry Act and Land Titles Act — and how legal property descriptions are structured.
Planning and Land Use Controls
Municipal zoning, official plans, severances, variances, and the role of the Local Planning Appeal Tribunal in Ontario.
Environmental Issues in Real Estate
Disclosure obligations, environmental contamination, designated substances, and the registrant's duty when environmental concerns arise.
Residential Property Types and Characteristics
Physical and legal characteristics of common Ontario residential property types including detached, semi-detached, townhouse, and condominium.
Legal Responsibilities and Obligations
Registrant duties under TRESA, agency relationships, disclosure requirements, and liability exposure when obligations are breached.
Introduction to Real Estate Financing
Fundamentals of mortgage financing including first and second mortgages, amortization, payment structures, and the role of lenders in a transaction.
Property Valuation Basics
Introduction to the three approaches to value — sales comparison, cost, and income — and how registrants use comparative market analysis.
How students use this course
Three modes built around how memory actually works.
Work through questions at your own pace. Get an instant AI explanation after every answer — not just a static rationale, but a response tailored to your specific wrong choice.
Take a full timed mock exam that mirrors the real test in question count, time limit, and format. No feedback mid-exam — just the conditions of the real thing.
Spaced repetition resurfaces the questions you got wrong at precisely the right intervals. Keep going until you hit 90%+ mastery on every topic — then you're ready.
Sample question
This is the style and difficulty level of questions you'll practice with.
Practice question
Under TRESA, when a registrant acts as a designated representative for a buyer, they must:
Explanation
Under TRESA, a designated representative owes undivided loyalty to their client. When representing a buyer exclusively, the registrant must promote and protect the buyer's interests above all others.
Why ExamAce for Course 1?
| Feature | ExamAce | Passit |
|---|---|---|
| Access | All 26 courses while subscribed — cancel anytime. | Access window of 6–10 weeks per course. |
| AI tutor | Ask why any answer is wrong and get an instant explanation. | No AI tutor — static explanations only. |
| Spaced repetition | SM-2 algorithm resurfaces your weak questions automatically. | No spaced repetition system. |
| Price | $29.99/mo or $249/yr — all 26 courses. | ~$43/mo per course, 90-day access window. |
“Built from the official RECO competency framework and aligned to the Humber College curriculum. Every question reviewed through 7 QA passes against current Ontario statutes.”
What students say
“I passed Course 1 on my first try with a 92%. The spaced repetition feature was a game-changer — I knew exactly what to study each day instead of re-reading the whole textbook.”
“The AI tutor explained TRESA concepts better than my textbook did. Every time I got a question wrong it told me exactly why — and pointed me to the section that tested it. Worth every penny.”
Frequently asked questions
How many practice questions are in the Course 1 study guide?
The Course 1 guide includes over 870 practice questions, organized by topic and available in a timed exam simulator mode that mimics the real 50-question exam format.
Does ExamAce cover the actual Humber Course 1 exam format?
Yes. Questions are written to match the difficulty and style of the Humber College Course 1 exam, targeting the 75% passing threshold. The exam simulator replicates the timed, multiple-choice format you will face on exam day.
Can I access the Course 1 guide on my phone?
Yes. ExamAce is a progressive web app (PWA) that works on any device — iPhone, Android, tablet, or desktop. You can download it to your home screen for offline access so you can study anywhere, even without a connection.
Start studying for Course 1 today
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