Exam Information

EXAM LENGTH

  • 3 Hours

EXAM FORMAT

  • 20 Multiple Choice Questions
  • 6 Long Answers (60 Marks)
  • 10 Form Recognition Questions (20 Marks)

PASSING GRADE

  • 75%
  • Must obtain a minimum of 60% in each section

ELIGIBILITY

  • RIBO 1 License

NEW PROCESS BEGINNING MAY 2021
Exam candidates no longer need to apply to RIBO prior to writing their exam. RIBO applications can now be completed after successfully passing your exam.

  1. Choose your exam type, date and location.
  2. Register to write your exam through IBAO.
  3. Upon receiving a passing grade, register your license through RIBO.

Click here for our policy on cancellations, transfers, no shows, ineligibility and accommodation.

Registration

  • In Your Brokerage

     

    IN YOUR BROKERAGE
    Write your exam from the comfort of your brokerage office. This opportunity is for current brokerage staff only. Exams are overseen by a proctor who coordinates on-site at your office.

    Proctor Requirement
    A proctor must be secured for this exam option. IBAO will provide proctor training prior to the exam date, but it’s the exam taker’s responsibility to secure a proctor following these eligibility requirements (proctors will be contacted prior to the exam date for validation, training and confirmation)

    • Must not have their RIBO license
    • Must not be a friend or relative of the exam candidate

    To register, sign in using your IBAO Member ID. If you don’t have a Member ID, ask your hiring manager to have you added to their IBAO employee roster.

     

    October 22

    9:00AM—12:00PM

    Register By October 11

    $250

    REGISTER

    November 26

    9:00AM—12:00PM

    Register By November 15

    $250

    REGISTER

    December 20

    9:00AM—12:00PM

    Register By December 10

    $250

    REGISTER
  • Toronto Exam Centre

     

    TORONTO EXAM CENTRES
    ***Due to current Covid restrictions, this option isn’t available at this time. Please check back when restrictions lift.***

    Write your exam in our downtown Toronto Exam Centre. This opportunity is open to all individuals—employment at a brokerage isn’t required. Exams are overseen by IBAO provided proctors.

    1 Eglinton Ave E, 7th Floor, Toronto ON, M4P 3A1

    Paid parking is available at public parking lots (Holly Street or Dunfield Ave). If you’re taking public transit, the closest station is Eglinton Station.

     

  • Group Sitting

     

    GROUP SITTING
    For groups of individuals looking to write their exam together in a designated location (i.e. a brokerage office) we offer all exam types in scheduled group sittings. This option has a 5–person minimum and must be registered 4 weeks prior to the scheduled exam date.

    Proctor Requirement
    A proctor must be secured for this exam option. IBAO will provide proctor training prior to the exam date, but it’s the exam taker’s responsibility to secure a proctor following these eligibility requirements (proctors will be contacted prior to the exam date for validation, training and confirmation).

    • Must not have their RIBO license
    • Must not be a friend or relative of the exam candidate

    Requests can be booked by filling out this form. After receiving the form, an IBAO representative will be in touch with you within 2 business days to coordinate more details.

     

FREQUENTLY ASKED QUESTIONS