The OREA Real Estate College will cease to operate on December 31, 2020. Find out how the closing will affect admissions and the deadline to complete programs.
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This Examination Challenge Program is approved by RECO and administered by OREA Real Estate College (the "College"). It is designed to assist individuals who may be eligible to pursue the Interprovincial Challenge Examination and/or course-specific examinations. The Interprovincial Challenge Examination tests skills and competencies relating to province-specific content. Challenge examinations may be offered to:
The examination challenge approach provides a consistent method to assess knowledge, while ensuring that individuals demonstrate required skills and competencies using a structured evaluation format.
The Registrar, REBBA 2002, has the authority to grant students course credits or examination challenges for any course in the Salesperson Registration Education Program or the Broker Registration Education Program on the basis of an education equivalency. Students wishing to explore this option must make formal application through RECO directly. A student's entry point in the program and the program courses that must be completed, will be determined by the Registrar's assessment.
The Office of the Registrar reviews written requests for assessment of education equivalency for courses and/or examinations leading to initial registration as a Salesperson, renewal of registration as a Salesperson, or Broker registration in the Province of Ontario, as received. The assessment takes into account completion of commensurate courses provided through other institutions that specifically correlate to program course learning outcomes; respective education programs leading to Salesperson or Broker status in jurisdictions outside Ontario; and/or sufficient relevant work experience obtained in fields relating to real estate from lawyers, mortgage agents/brokers, and persons having worked in the appraisal, commercial, and industrial fields.
Each application is assessed on an individual basis, and by virtue of the materials provided by the applicant. The Registrar's decision is final.
The applicant may receive a credit for the course without having to attend classes or complete self-directed learning course requirements or write an examination; a challenge of the course examination without having to attend classes or complete self-directed learning course requirements or the request for consideration may be denied. Students awarded a course-specific challenge examination are provided the same examination and must meet the same completion requirements as students involved in the respective education program.
Successful completion of the Interprovincial Challenge Examination only fulfils the education requirement required to apply for registration under REBBA 2002; you must still meet all other registration requirements before your registration will be approved. Those coming from other Canadian jurisdictions must apply to RECO for registration within specific timelines. Ensure you consult with the RECO website, www.reco.on.ca, for full details on these timing elements and all registration requirements, prior to contacting the College to book your Interprovincial Challenge Examination.
The Interprovincial Challenge Examination assesses skills/competencies in regard to province-specific materials. Currently, this examination measures knowledge of relevant sections in Real Estate as a Professional Career, Land, Structures and Real Estate Trading, The Real Estate Transaction - General, The Residential Real Estate Transaction, The Commercial Real Estate Transaction, and Real Property Law. Policies and course summaries are provided to assist individuals in reviewing materials and identifying key province-specific topic matter for the challenge.
The Interprovincial Challenge Examination assumes that common topics (as recognized by Canadian regulators) and associated skills/competencies are adequately addressed through licensing/registration courses in the originating Canadian jurisdiction. The Interprovincial Challenge Examination is centred on skills/competencies for uncommon, province-specific subject matter, most notably Ontario legislation impacting the trading of real estate and unique regulatory considerations affecting registrants.
Note: All references in this text to interprovincial, provincial, and province-specific are deemed to include territories.
To assist in preparing for the exam, a PDF of the required course materials will be accessible in My Portfolio after the challenge exam has been scheduled. As an alternative, course textbooks are also available for purchase. A $50 fee will be charged to schedule a challenge examination.
Details concerning eligibility for assessing educational equivalencies and examination challenges are found on the RECO website at www.reco.on.ca.
Real Estate Council of Ontario
3300 Bloor Street West
Suite 1200, West Tower
Toronto, ON M8X 2X2
Telephone: (416) 207-4800
Fax: (416) 207-4820
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