Reca residential unit 8 - Study guides, Class notes & Summaries
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RECA Residential Unit 8: Q&A All Correct 2023
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RECA Residential Unit 8: Q&A All Correct 2023 
 
What do REPs have a regulatory obligation to present and discuss with the consumer? - Answer - The Consumer Relationship guide (the Guide) 
 
By signing the guide (the consumer relationship guide), is the consumer committed to work with the particular real estate professional/brokerage? - Answer - No 
 
2 types of consumer relationships - Answer - client and customer 
 
Difference between Common Law Agency relationship and Designated Agency Relati...
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RECA Residential Unit 1 Questions And Answers With Verified Solutions 100% Correct!!!
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RECA Residential Unit 1 Questions And Answers With Verified Solutions 100% Correct!!!
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RECA Commercial EXAM 2 Correctly Solved 100% Pass
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RECA Commercial EXAM 2 Correctly Solved 100% Pass 
 
Commercial real estate assets have a number of attributes that make them unique relative to other types of investments. These attributes include the following: (x10) *ANS* 1. They involve land 
2.Transaction time frames are long 
3. Transaction costs are high 
4. they are expensive 
5. They are long lasting 
6. Highly regulated 
7. have a long production cycle 
8. are management intensive 
9. are heterogeneous 
10. Involve measuring return on ...
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RECA EXAM QUESTIONS AND ANSWERS 2023/2024
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RECA EXAM QUESTIONS AND ANSWERS 2023/2024
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RECA Residential Unit 1, RECA Residential Unit 2, RECA Residential Unit 3, RECA Residential Unit 4, RECA Residential Unit 5, RECA Residential Unit 6, RECA Residential Unit 7, RECA Residential Unit 8, RECA Residential Unit 9
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3 fundamental principles of fiduciary duty. AKA the 3 principles that give rise to fiduciary duties 
in a representation relationship: - Answer-Trust and Confidence, Best Interests, Loyalty 
3 fundamental principles of fiduciary duty. AKA the 3 principles that give rise to fiduciary duties 
in a representation relationship: - Answer-Trust and Confidence, Best Interests, Loyalty 
8 General Obligations of REPs - Answer-Exercise Care and Skill, Act Honestly, Negotiate 
Favourable terms, Maintain...
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RECA Residential Unit 1 Questions and Answers
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RECA Residential Unit 1 Questions and Answers RECA Residential Unit 1 Questions and Answers 
 
3 fundamental principles of fiduciary duty. AKA the 3 principles that give rise to fiduciary duties in a representation relationship: - ANSWER-Trust and Confidence, Best Interests, Loyalty 
 
8 General Obligations of REPs - ANSWER-Exercise Care and Skill, Act Honestly, Negotiate Favourable terms, Maintain Confidentiality, Disclose Information, Act in Person, Obey Lawful Instructions, Perform Mandate 
...
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RECA Residential Unit 2 Exam Questions and Answers (Graded A)
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RECA Residential Unit 2 Exam Questions and Answers (Graded A) 
 
9 things that, when representing sellers, REPs can do - ANSWER-1. Identify the features, qualities, and advantages that relate to the sellers' property 2. Describe the property appropriately in the applicable listing service and property databases. 3. Market the property based on the features, qualities, and advantages. 4. Promote the property and answer their buyers' questions regarding it. 5. Accurately answer questions regardi...
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RECA Residential Unit 1 Questions and Answers (Graded A)
- Exam (elaborations) • 14 pages • 2023
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RECA Residential Unit 1 Questions and Answers (Graded A) 
 
3 fundamental principles of fiduciary duty. AKA the 3 principles that give rise to fiduciary duties in a representation relationship: - ANSWER-Trust and Confidence, Best Interests, Loyalty 
 
8 General Obligations of REPs - ANSWER-Exercise Care and Skill, Act Honestly, Negotiate Favourable terms, Maintain Confidentiality, Disclose Information, Act in Person, Obey Lawful Instructions, Perform Mandate 
 
6 Points of Fiduciary Duties - ANS...
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BUNDLE: RECA EXAMS COMPILED
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BUNDLE: RECA EXAMS COMPILED
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