Alberta real estate law - Study guides, Class notes & Summaries

1 year - If you don't renew your registration how long is it before you have to get a new criminal record check 10 - How many days does a condo management company have to provide a copy of management agreement upon receiving written request 10,000 for individual 100,000 for business - Max fines from PIPA if convicted of an offence 180 days - Builder has how many days to go to court to register a certificate of lis pendens 1st degree relative - A spouse, or children ate considered what de...

RECA Fundamentals Exam Questions With 100% Correct Answers Which of the following is NOT a RECA educational resource for industry professionals? - answerSpatial Information System (Spin 2) Which entity has the authority to amend the Real Estate Act - answerProvincial Legislature Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time - answerConsumer Price Index (CPI) Which of the following will occur to the ...

RECA Exam| Actual Questions and Verified Answers|100% Correct| 2023/ 2024- Grade A Q: Stan, a real estate professional registered with McAgent Real Estate Bro- kerage has just listed his commercial property for lease with his brokerage. Jim, another real estate professional registered with the same brokerage tells Stan that he has a client interested in leasing the property. What level of disclosure is required in this situation? A) Disclosure level 1 B) Disclosure level 2 C) Disclosure...

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 who is not an owner of the property and is responsible for the mortgage. FORECLOSURE- -Answer-Court action whereby the charge obtains legal title to the property after default by the chargor. FIXTUR...

RECA Fundamentals Exam Questions With 100% Correct Answers Which of the following is NOT a RECA educational resource for industry professionals? - answerSpatial Information System (Spin 2) Which entity has the authority to amend the Real Estate Act - answerProvincial Legislature Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time - answerConsumer Price Index (CPI) Which of the following will occur to the ...

RECA Fundamentals Exam Questions With 100% Correct Answers Which of the following is NOT a RECA educational resource for industry professionals? - answerSpatial Information System (Spin 2) Which entity has the authority to amend the Real Estate Act - answerProvincial Legislature Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time - answerConsumer Price Index (CPI) Which of the following will occur to the ...

Fundamentals of Mortgage Brokerage Exam With Complete Solutions AACI - answerAccredited Appraiser Canadian Institute - designation granted by Appraisal Institute of Canada Accelerated Payments - answerpayment options stream whereby the monthly mortgage payment is either split in half or in quarters and is paid every two weeks (bi-weekly) or every week (weekly) Accredited Mortgage Professional - AMP - answernational designation for mortgage professionals in Canada issued by the Canadian A...

Fundamentals of Mortgage Brokerage Exam With Complete Solutions AACI - answerAccredited Appraiser Canadian Institute - designation granted by Appraisal Institute of Canada Accelerated Payments - answerpayment options stream whereby the monthly mortgage payment is either split in half or in quarters and is paid every two weeks (bi-weekly) or every week (weekly) Accredited Mortgage Professional - AMP - answernational designation for mortgage professionals in Canada issued by the Canadian A...

Fundamentals of Mortgage Brokerage Exam With Complete Solutions AACI - answerAccredited Appraiser Canadian Institute - designation granted by Appraisal Institute of Canada Accelerated Payments - answerpayment options stream whereby the monthly mortgage payment is either split in half or in quarters and is paid every two weeks (bi-weekly) or every week (weekly) Accredited Mortgage Professional - AMP - answernational designation for mortgage professionals in Canada issued by the Canadian A...

Fundamentals of Mortgage Brokerage 2024 Graded A+ Which of the following is part of RECA's commitment to consumer protection? What are some benefits that mortgage brokerage trade associations offer their members? Licensing Standards for mortgage industry members Which entity has the authority to amend the Act? Provincial Legislators Which of the following represents an accountability mechanism that RECA must comply with under the Act? Previous Fiscal year In addition to mor...