Responsibilities of reca - Study guides, Class notes & Summaries
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RECA Fundamentals Exam || With Questions & 100% Correct Solutions
- Exam (elaborations) • 15 pages • 2024
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RECA Fundamentals Exam || With Questions & 100% Correct Solutions 
RECA Fundamentals Exam || With Questions & 100% Correct Solutions 
 
Which of the following is NOT a RECA educational resource for industry professionals? - ANSWER - Spatial Information System (Spin 2) 
 
Which entity has the authority to amend the Real Estate Act - ANSWER - Provincial 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...
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RECA RESIDENTIAL EXAM ACTUAL EXAM 200 QUESTIONS AND DETAILED ANSWERS|A+ RATED| NEW 2024
- Exam (elaborations) • 41 pages • 2024
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RECA RESIDENTIAL EXAM ACTUAL EXAM 200 QUESTIONS AND DETAILED ANSWERS|A+ RATED| NEW 2024 
RECA RESIDENTIAL EXAM ACTUAL 
EXAM 200 QUESTIONS AND DETAILED 
ANSWERS|A+ RATED| NEW 2024 
Self regulation 
-General obligation 
-Care & Skill 
-Act honestly 
-Negotiate favorable terms 
-Maintain confidentiality 
-Disclose information 
-Act in person 
-Obey lawful instructions 
-Perform mandate 
Brokerage interests 
Interest of brokerage at odds with brokerage client 
Fiduciary duties 
-Utmost loyalty 
-N...
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Real Estate Management Certification Exam Review || With Questions & Answers (100% Correct)
- Exam (elaborations) • 34 pages • 2024
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Real Estate Management Certification Exam Review || With Questions & Answers (100% Correct) 
Real Estate Management Certification Exam Review || With Questions & Answers (100% Correct) 
 
Which of the following describes a competent real estate professional? 
A) A real estate professional who agrees to provide services that they are incapable of performing 
B) A real estate professional who possesses the necessary ability and knowledge to perform an action proficiently 
C) A real estate professi...
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RECA Fundamentals Exam| Questions and Verified Answers|100% Correct| 2023/ 2024
- Exam (elaborations) • 33 pages • 2023
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RECA Fundamentals Exam| Questions and Verified Answers|100% Correct| 2023/ 2024 
 
Q: What’s includes in written service agreements? 
 
 
Answer: 
- the services to be provided by the brokerage 
- the responsibilities of each party to the agreement 
- the names of the parties to the agreement 
 
 
 
Q: failure to immediately notify Executive Director of changes to information provided in support of license results in: 
 
 
Answer: 
- Exec. Director may refer the matter for a professional condu...
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Fundamentals to Alberta Real Estate Property Management Exam Questions & Answers (Rated A+)
- Exam (elaborations) • 11 pages • 2024
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Fundamentals to Alberta Real Estate 
Property Management Exam Questions & Answers (Rated A+) 
 
Fundamentals to Alberta Real Estate 
Property Management Exam Questions & Answers (Rated A+) 
 
 
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 oversee and regulate the practice of a profession or industry 
 ...
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RECA Fundamentals Exam Questions With 100% Correct Answers
- Exam (elaborations) • 18 pages • 2024
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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 ...
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Reca - Residential Exam Questions And Answers
- Exam (elaborations) • 19 pages • 2024
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Reca - Residential Exam Questions And Answers 
 
 
 
Self regulation - ANS -General obligation 
-Care & Skill 
-Act honestly 
-Negotiate favorable terms 
-Maintain confidentiality 
-Disclose information 
-Act in person 
-Obey lawful instructions 
-Perform mandate 
 
Brokerage interests - ANS Interest of brokerage at odds with brokerage client 
 
Fiduciary duties - ANS -Utmost loyalty 
-Not to make secret profits 
-Maintain confidentiality 
-To account 
-Avoid and disclose conflicts of i...
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RECA Fundamentals Exam Questions With 100% Correct Answers
- Exam (elaborations) • 18 pages • 2024
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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 ...
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RECA Quiz Review Questions WITH VERIFIED ANSWERS
- Exam (elaborations) • 46 pages • 2024
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RECA Quiz Review Questions WITH VERIFIED ANSWERS 
 
 
Which of the following describes a competent real estate professional? 
A)	A real estate professional who agrees to provide services that they are incapable of performing 
B)	A real estate professional who possesses the necessary ability and knowledge to perform an action proficiently 
C)	A real estate professional who represents a client in matters that are beyond their expertise 
D)	A real estate professional who holds a valid author...
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RECA Fundamentals Exam Questions And Answers 100% Verified.
- Exam (elaborations) • 15 pages • 2024
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RECA Fundamentals Exam Questions And Answers 100% Verified. 
 
 
 
 
Which of the following is NOT a RECA educational resource for industry professionals? - correct answer. Spatial Information System (Spin 2) 
 
Which entity has the authority to amend the Real Estate Act - correct answer. Provincial 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 - correct answer. Consumer Price Index...
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