Reca residential unit 2 - Study guides, Class notes & Summaries

RECA Exam| 200+ Actual Questions and Verified Answers|100% Correct| 2023/ 2024 Q: Under the Residential Tenancies Act, when can a landlord enter a tenant's leased premises without consent or notice? A) When a fire alarm has sounded and the fire department requires access to all of the units to check for the source of the fire B) When the landlord has not seen the tenant or received rent in 2 months and newspapers are collecting at the front door of the premises C) When water is leaking in...

Unit 1 RECA questions and answers latest 2023/2024Define real estate - correct answer refers to land and fixed improvements to land (permanent) What are the building classifications - correct answer Residential Commercial Retail Institutional Agricultural Real Estate Sectors/Property Types - correct answer Residential commercial rural property management characteristics that identifies real estate as limited resource - correct answer scarce characteristic that defines rea...

RECA Residential Unit 7 with Latest Questions and Answers 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 responsible for administering the Municipal Government Act MGA contains 3 key topics ANSWER 1. Assessment and Taxation 2. Governance and Administration 3. Planning and Development When was the ...

RECA Commercial Unit 2 Rated A+ (New supply) At the macro level, assessing new supply can be obtained through various sources that report building starts and units under construction. These sources include the following: (x4) ️Non residential building starts are compiled by Statistics Canada on a quarterly basis. Investment is measured in dollars and is split into the categories of Industrial, Institutional, and Commercial. Another measure of future supply is the number and percentage...

Unit 1 RECA Exam Questions and Answers (Graded A) Define real estate -Answer-refers to land and fixed improvements to land (permanent) What are the building classifications -Answer-Residential Commercial Retail Institutional Agricultural Real Estate Sectors/Property Types -Answer-Residential commercial rural property management characteristics that identifies real estate as limited resource -Answer-scarce characteristic that defines real estate as indestructable -Answer-durable real ...

RECA Residential Unit 3 with Actual Questions and Verified Answers What is the RMS? ANSWER Residential Measurement Standard 4 qualities of a standard ANSWER 1. It must be objective (ie Uniform, consistent) 2. It mut apply to an object or process that can be quantified (i.e. measured) 3. It's results must be verifiable (i.e. repeated by others) 4. It's results must be quantifiable (i.e. measurable) What is a measurement standard as it relates to property use? ANSWER is an objective and...

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 responsible for administering the Municipal Government Act MGA contains 3 key topics -Answer-1. Assessment and Taxation 2. Governance and Administration 3. Planning and Development When was the fir...

Unit 1 RECA Exam Questions and Answers (Graded A) Define real estate -Answer-refers to land and fixed improvements to land (permanent) What are the building classifications -Answer-Residential Commercial Retail Institutional Agricultural Real Estate Sectors/Property Types -Answer-Residential commercial rural property management characteristics that identifies real estate as limited resource -Answer-scarce characteristic that defines real estate as indestructable -Answer-durable real ...

Unit 1 RECA Final Exam Study Guide Test. Define real estate - CORRECT ANSWER refers to land and fixed improvements to land (permanent) What are the building classifications - CORRECT ANSWER Residential Commercial Retail Institutional Agricultural Real Estate Sectors/Property Types - CORRECT ANSWER Residential commercial rural property management characteristics that identifies real estate as limited resource - CORRECT ANSWER scarce characteristic that defines real es...

Unit 7 Quiz(RECA)correctly answered rated A+ 2023 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 - correct answer C Which of the following statements are correct regarding a Conservation Easement? 1. A Conserva...