What key aspect does TRESA aim to protect?

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Prepare for the Real Estate Council of Ontario (RECO) Exam. Use flashcards and multiple-choice questions, each with hints and explanations. Get ready for your exam!

TRESA, which stands for the Trust in Real Estate Services Act, is primarily designed to protect consumers who engage in real estate transactions. This legislation ensures that consumers receive fair treatment, transparent information, and access to necessary resources throughout the process of buying or selling property. By establishing a regulatory framework for real estate professionals, TRESA aims to maintain high standards of integrity and professionalism, safeguarding the interests of clients in their real estate dealings. Understanding this focus on consumer protection is vital in recognizing the role of governance in real estate practices and ensuring a trustworthy environment for all parties involved.

The other options do not encapsulate the primary mission of TRESA. While income levels, privacy, and developer liability are important considerations in the real estate market, TRESA’s foundational goal is to prioritize consumer welfare and protections within real estate transactions.

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