What is essential for a brokerage under TRESA?

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Prepare for the Real Estate Council of Ontario Exam with multiple-choice and flashcard options. Equip yourself with explanations and strategic hints to boost your confidence and success rate. Get ready to excel!

For a brokerage under the Trust in Real Estate Services Act (TRESA), it is essential that all salespersons work under a registered brokerage. This requirement ensures that all real estate activities are conducted within a regulated framework, promoting accountability and professionalism within the industry. By requiring salespersons to be affiliated with a registered brokerage, TRESA establishes clear lines of supervision and accountability, which helps to protect the interests of consumers and maintain the integrity of the real estate market.

The necessity for all salespersons to operate under a registered brokerage means that brokerages are responsible for their actions and for complying with legal and ethical standards. This structure also allows for oversight of the salespersons' activities, providing a level of trust and reliability in real estate transactions.

In contrast, other choices suggest scenarios that do not align with the regulatory framework set out by TRESA. Having only one broker for transactions does not address the comprehensive structure needed for brokerage operations. Furthermore, a brokerage cannot legally trade without a registered broker, as this is a fundamental requirement for participating in real estate activities. Lastly, allowing salespersons to operate independently would undermine the purpose of having a brokerage system that ensures consumer protection and compliance with industry standards.

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