RECO Simulation 1 Quick Reference
Compact RECO Simulation 1: Residential Real Estate Transactions (Real Estate Council of Ontario) quick reference for key terms, formulas, checks, and practice decisions.
Quick reference scope
Use this page as a compact reference while practising RECO Simulation 1. It is not official RECO material. It is a short checklist for case facts, role, client objective, material fact, document sequence, condition, disclosure, and best next action.
RECO means Real Estate Council of Ontario. This page is for Ontario Real Estate Simulation 1: Residential Real Estate Transactions.
Core decision filter
| Step | Ask |
|---|---|
| Identify | What exact topic, role, document, product, property, or transaction is being tested? |
| Classify | Is this a rule, calculation, suitability, disclosure, coverage, conduct, process, or timing question? |
| Apply | Which fact in the stem changes the answer? |
| Defend | Can I explain why the best answer is stronger than the distractor? |
Topic reference
| Topic | Quick check |
|---|---|
| Residential Representation, Client Intake, Communication, and Role Boundaries | State the decision rule, then test it with one short practice set. |
| Seller Listing, Marketing, Showing, Disclosure, and Offer-Review Scenarios | State the decision rule, then test it with one short practice set. |
| Buyer Search, Property Review, Offer Preparation, Conditions, and Closing Follow-Up | State the decision rule, then test it with one short practice set. |
| Single-Family Residential Property Case Scenarios and Practical Due Diligence | State the decision rule, then test it with one short practice set. |
| Condominium Residential Simulation Scenarios and Integrated Residential Case Analysis | State the decision rule, then test it with one short practice set. |
Before a timed set
- Review the last five missed explanations.
- Check the official route if you are unsure which exam or course applies.
- Start with a focused drill if one topic is still weak.
- Use timed mixed practice after topic mistakes become less frequent.