Reca residential unit 4 - Study guides, Class notes & Summaries

RECA Unit 7 Quiz Latest Update Graded A+ What are Alberta's six natural water sources? A) Surface water, rain water, rivers, river basins, lakes, and wetlands B) Surface water, rivers, river basins, frozen water, lakes, and springs C) Surface water, rivers, river basins, lakes, wetlands, and springs D) Surface water, rivers, river basins, lakes, wetlands, and wells C Which of the following statements are correct regarding a Conservation Easement? 1. A Conservation Easement allows ...

RECA Residential Unit 1, 2,3,4,5,6,7,8 &9 Questions and Answers Latest Update Already Passed 3 fundamental principles of fiduciary duty. AKA the 3 principles that give rise to fiduciary duties in a representation relationship: Trust and Confidence, Best Interests, Loyalty 8 General Obligations of REPs Exercise Care and Skill, Act Honestly, Negotiate Favourable terms, Maintain Confidentiality, Disclose Information, Act in Person, Obey Lawful Instructions, Perform Mandate 6 Points ...

RECA Unit 4 Quiz Latest Update 100% Pass Which of the following is an example of an encumbrance on the title? 1. An easement 2. A caveat 3. An encroachment agreement 4. A discharge of registration A) Statements I, II, and IV B) Statements I, II, and III C) Statements II, III, and IV D) All statements apply B The municipal Land Use Bylaw outlines which of the following items? A) Details regarding the various land use classifications B) Permitted land uses and guidelines for...

RECA Residential Unit 4 Exam Questions with Complete Solutions Latest Update (Already Passed) 3 Types of property defects - Answers Patent, Latent, Material latent What are Patent defects (on a property)? - Answers obvious flaw discovered upon reasonable inspection. caveat emptor applies (meaning that the buyer should have inspected enough to find anything like this). Unless the seller provides information or warranties regarding the patent defects, it is the buyers responsibility to address ...

Unit 7 Quiz(RECA)correctly answered rated A+ 2023/2024What are Alberta's six natural water sources? A) Surface water, rain water, rivers, river basins, lakes, and wetlands B) Surface water, rivers, river basins, frozen water, lakes, and springs C) Surface water, rivers, river basins, lakes, wetlands, and springs D) Surface water, rivers, river basins, lakes, wetlands, and wells - correct answer C Which of the following statements are correct regarding a Conservation Easement? 1. A Conse...