MCQ is an acronym for Multiple Choice Question. Each Ontario real estate exam (delivered solely by Meazure as of Oct 1, 2025) is entirely multiple choice, where you must select one correct answer from a list of four possible options.

While all questions are multiple choice, there are several alternative styles of MCQs used throughout the exams:

• “NOT” or “EXCEPT” questions — these are designed to test careful reading. Instead of selecting the correct statement, you may be asked to choose the option that is not correct or the one that is the exception.
• Scenario-based or multi-part questions — these provide a short real estate situation or client scenario and ask you to apply your knowledge to determine the best answer.
• Math-based questions — some exams include basic real estate calculations such as commission, prorations, percentages or financing-related math. A calculator and notepad is built directly into the Meazure exam interface for your use. You cannot use your own calculator.

Because wording matters, it’s important to read every question carefully — especially questions containing words like NOT, EXCEPT, BEST, or MOST. Many students lose marks by answering too quickly rather than fully understanding what the question is asking.