Humber/Ontario Real Estate Course 2 Exam Practice

What is a primary responsibility of a real estate council?

1. Maintaining industry standards

2. Setting property taxes

3. Issuing building permits

4. Conducting market research

5. Developing zoning laws

6. Overseeing home inspections

The correct answer is: Maintaining industry standards

A real estate council's primary responsibility is to maintain industry standards. This involves regulating the conduct of real estate professionals, ensuring they adhere to ethical practices, providing education and licensing requirements, and upholding the standards of the real estate profession. The other options (B. Setting property taxes, C. Issuing building permits, D. Conducting market research, E. Developing zoning laws, F. Overseeing home inspections) are not primary responsibilities of a real estate council as they fall under the jurisdiction of other government bodies or industry organizations.