Responsibilities of reca - Study guides, Class notes & Summaries

RECA Fundamentals Exam Questions With Complete Solutions. 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...

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 And Answers (Updated And Verified) 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 occu...

RECA Quiz Review Questions [100% Correct 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...

RECA Fundamentals Exam Questions And Answers (Verified And Updated) 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 occu...

Fundamentals of real estate exam prep questions and answers 2024 Land -Answer-The ground & that which is beneath & above it Real estate -Answer-land & fixed improvements to the land Real property -Answer-land, fixed improvements & intangible rights of ownership Personal Property -Answer-Items that can be removed without damaging to the the property Surface rights -Answer-Rights assoctiaed with physcial ground (top layer of land) Supply -Answer-The quantity supplied is the amount of good o...

RECA fundamentals study guide exam questions with complete solutions Transaction brokerage - Answer-A means to resolve a conflict of interest that occurs when a brokerage practices agency under common law or a real estate professional in designated agency, represents clients with opposing interests in the same transaction Express Authority Implied Authority Customary Authority - Answer-Types of authority agent may hold in a representation relationship Trust and confidence Best intere...

Fundamentals of real estate exam prep questions and answers 2024 Land -Answer-The ground & that which is beneath & above it Real estate -Answer-land & fixed improvements to the land Real property -Answer-land, fixed improvements & intangible rights of ownership Personal Property -Answer-Items that can be removed without damaging to the the property Surface rights -Answer-Rights assoctiaed with physcial ground (top layer of land) Supply -Answer-The quantity supplied is the amount of good o...

RECA RESIDENTIAL EXAM UNITS 1-9| RECA RESIDENTIAL TEST BANK| 1763 QUESTIONS &ANSWERS 100% CORRECT|COMPLETE SOLUTION GUIDE| LATEST 2024 RECA RESIDENTIAL EXAM UNITS 1-9| RECA RESIDENTIAL TEST BANK| 1763 QUESTIONS &ANSWERS 100% CORRECT|COMPLETE SOLUTION GUIDE| LATEST 2024 3 fundamental principles of fiduciary duty. AKA the 3 principles that give rise to fiduciary duties in a representation relationship: Trust and Confidence, Best Interests, Loyalty 8 General Obligations of REPs Exer...

RECA Exam| Questions and Verified Answers|100% Correct| 2023/ 2024 Q: Which of the following best describes a written acknowledgement? Answer: It should state that the consumer received and understands the written disclosure made by a real estate professional Q: Which of the following types of authority allow an agent to act according to the usual ways of performing an action as established by the profession? Answer: Customary authority Q: Which of the following resp...