Reca exam 2024 - Study guides, Class notes & Summaries

RECA FUNDAMENTALS EXAM 2023/2024 REAL AND ACCURATE QUESTIONS WITH EXPERT VERIFIED ANSWERS GUARANTEED PASS

RECA Fundamentals of Mortgage Brokerage Exam Questions and Answers 2023-2024. Fiduciary Representation - Trust and confidence - Best interests - Loyalty 5 Ds of Role Clarity 1. Discuss 2. Determine 3. Document 4. Disclose 5. Do Must disclose in writing - the nature of services provided - whether professional has entered into representation relationship with other party - any conflicts of interest - any other facts that may influence consumers decision to proceed with relationship ma...

RECA Residential Practice Exam Questions With 100% Correct Answers 2024

RECA RESIDENTIAL EXAM 2023-2024 ACTUAL EXAM 200 QUESTIONS AND DETAILED ANSWERS|AGRADE

RECA RESIDENTIAL EXAM 2023-2024 ACTUAL EXAM 200+ QUESTIONS AND DETAILED ANSWERS

RECA FUNDAMENTALS EXAM 2023/2024 REAL AND ACCURATE QUESTIONS WITH EXPERT VERIFIED ANSWERS GUARANTEED PASS

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-Interest of brokerage at odds with brokerage client Fiduciary duties -Answer--Utmost loyalty -Not to make secret profits -Maintain confidentiality -To account -Avoid and disclose conflicts of interes...

RECA Fundamentals of Mortgage Brokerage Exam Questions and Answers 2023-2024

RECA Fundamentals Exam| 2023/ 2024| Questions and Verified Answers|100% Correct QUESTION Errors and Omissions Insurance? Answer: real estate equivalent of malpractice coverage QUESTION Comprehensive General Liability Insurance? Answer: - broad coverage for claims against injury/damage - civil liability (a fall) - any damages or injuries - legal defense costs - does not cover issues related to real estate transactions QUESTION Voluntary Broker Resoluti...