Humber Course 2 Residential Real Estate Transactions Exam Study Guide
Focuses on representing buyers and sellers in residential transactions. Covers the Agreement of Purchase and Sale, working with clients, showing properties, and completing standard residential offers.
Exam at a glance
Course 2 is a 100-question multiple-choice exam, 150 minutes, 75% to pass. About 35% of questions reference clauses from the standard OREA residential Agreement of Purchase and Sale. Expect short scenarios where you have to identify which clause applies, what is missing, or what the consequence of a specific condition would be — pure memorization fails here.
What gets tested most
- OREA Form 100 (Residential APS) clause-by-clause: deposit, irrevocable, completion date, schedules
- Conditional offer mechanics — financing, inspection, sale of buyer's property — including timing rules and notification requirements
- Multiple-offer protocols — disclosure obligations, offer presentation, and the seller's response choices
Common traps that fail students
- !Misreading whether a condition is "true" (benefits one party, must be waived) vs "false" (benefits both, requires fulfillment)
- !Forgetting that the irrevocable date sets when an offer dies, not when conditions must be satisfied
- !Confusing acceptance with execution — an offer is accepted at communication of acceptance, but binding only after the irrevocable expires without revocation
Recommended study plan
- 1
Print blank OREA Form 100, fill it out by hand for 5 different scenarios — this builds muscle memory
- 2
Drill 100+ scenario-based practice questions focused on conditions and amendments
- 3
Memorize the standard timing rules (irrevocable, deposit transfer, condition fulfillment) cold
- 4
Complete one timed full-length mock exam
- 5
Review every wrong answer and write a one-line "why I got this wrong" note for each — students who do this score 8-12 points higher on average
Topics covered on this exam
Practice 770+ questions for this exam
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Frequently asked questions
How many questions are on the Course 2 exam?▾
The Humber Course 2 exam has 100 multiple-choice questions. You have 150 minutes and need 75% to pass.
Is Course 2 harder than Course 1?▾
Most students find Course 2 easier conceptually but harder mechanically — the content is more practical (real transactions), but the exam questions test fast clause identification under time pressure. Practice with timed drills.
How much does the Course 2 exam cost to rewrite?▾
Rewrite fees through Humber are typically $100-150 per attempt, charged separately from your initial course tuition.
Can I take Course 2 before Course 1?▾
No. The Humber salesperson program is sequential — Course 1 is a prerequisite for Course 2. You also cannot start Simulation 1 without passing Courses 1 through 3.
What is on the Course 2 final exam?▾
About 35% APS clauses, 25% representation and agency, 20% showings and offer presentation, 10% closing process, 10% complex conditions. Numbers shift slightly between exam versions but this distribution is stable.