RECA/ Alberta Real Estate Bundled Exams Questions and Answers | 100% Verified and Updated 2024 | Revised Edition

RECA Exam Study Questions with correct Answers Carl, a real estate professional, is registered with Prime Plus Real Estate Ltd. He has listed his brother's house for sale with the brokerage. A real estate professional with another brokerage contacts Carl and asks to preview the property as she h...

RECA fundamentals study guide with complete solutions duty-based ethics -Answer-Individual is expected to do the right thing cause it's the right thing to do, regardless of outcome utalitarian ethics -Answer-Sells the optimal result for the greatest number of people Advisory note -Answer-Punish...

RECA Residential Exam 2024 Questions and Answers Fiduciary Representation -Answer-- Trust and confidence - Best interests - Loyalty 5 Ds of Role Clarity -Answer-1. Discuss 2. Determine 3. Document 4. Disclose 5. Do Must disclose in writing -Answer-- the nature of services provided - whethe...

Reca CH1 Quiz 2024 -100% Solved Which of the following is NOT a non-price determinant of demand? A) Market size B) Costs of production C) Availability of credit D) Consumers' disposable income -Answer-C) Availability of credit Which entity has the authority to amend the Real Estate Act? A) R...

Reca – Residential Exam Questions and Answers 2024 Self regulation -Answer--General obligation -Care & Skill -Act honestly -Negotiate favorable terms -Maintain confidentiality -Disclose information -Act in person -Obey lawful instructions -Perform mandate Brokerage interests -Answer-Inte...

RECA Residential Unit 2 Exam Questions and Answers 9 things that, when representing sellers, REPs can do -Answer-1. Identify the features, qualities, and advantages that relate to the sellers' property 2. Describe the property appropriately in the applicable listing service and property database...

RECA Commercial Unit2 Exam Questions and Answers 2024 Commercial real estate assets have a number of attributes that make them unique relative to other types of investments. These attributes include the following: (x10) -Answer-1. They involve land 2.Transaction time frames are long 3. Transacti...

Practice of Property Management- Real Estate Council of Alberta Exam Questions and Answers 2024 Types of Properties -Answer-1. Single Family Residential 2. Multi Family Residential: Low High, Mid Rise High Rise, Row Housing 3. Cooperative 4. Condominium 5. Commercial Forms of Ownership -Answe...

RECA Residential Unit 7 Exam Questions and Answers 2024 under which Act/Law are all Alberta municipalities empowered to shape their communities? - Answer-MGA - The Municipal Government Act Which department is responsible for administration of the MGA? -Answer-Municipal Affairs is the department ...

Alberta Real Estate Fundamentals Exam with 100% correct Answers 2024 Real Estate -Answer-The land and fixed improvements to the land Classes of License -Answer-1. Associate 2. Associate Broker 3. Broker 4 Areas of Practice -Answer-1. Residential 2. Commercial 3. Rural 4. Property Management...

alberta real estate law exam with complete solutions REAL ESTATE -Answer- ADVERSE POSSESION- -Answer-Valid title to land acquired through open, visible and uninterrupted possession of that property without the owner's permission for a period of at least 10 years. GAURANTOR- -Answer-A person wh...

Alberta Real Estate Fundamentals 2024 Real Estate -Answer-The land and fixed improvements to the land Classes of License -Answer-1. Associate 2. Associate Broker 3. Broker 4 Areas of Practice -Answer-1. Residential 2. Commercial 3. Rural 4. Property Management Mobile homes fall under the sa...

Fundamentals to Alberta Real Estate Exam Questions and Answers Which of the following refers to the definition of Real estate -Answer-The physical land and improvements to and on the land self-regulation -Answer-Enables a government to del gate its authority to a representative body aka Reca to...