Reca unit 2 - Study guides, Class notes & Summaries

RECA Commercial Unit 2-with 100% verified solutions-2023

RECA Commercial Unit 2-with 100% verified solutions-2023

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 time - Answer- Consumer Price Index (CPI) Which of the following will occur to the supply of a good when there is a change in quantity...

RECA Commercial Unit 2 Exam Guide Top Rated 2024 CORRECT QUESTIONS AND ANSWERS GRADE A.RECA Commercial Unit 2 Exam Guide Top Rated 2024 CORRECT QUESTIONS AND ANSWERS GRADE A.RECA Commercial Unit 2 Exam Guide Top Rated 2024 CORRECT QUESTIONS AND ANSWERS GRADE A.RECA Commercial Unit 2 Exam Guide Top Rated 2024 CORRECT QUESTIONS AND ANSWERS GRADE A.RECA Commercial Unit 2 Exam Guide Top Rated 2024 CORRECT QUESTIONS AND ANSWERS GRADE A.RECA Commercial Unit 2 Exam Guide Top Rated 2024 CORRECT QUESTION...

Real Estate Act - Answer-provincial legislation regulating real estate, mortgage brokerage, real estate appraisal Act components - Answer-the Act by Minister of Service The Rule by Council The Regulation by Minister The Bylaw by Council Act parts - Answer-part 1 - RECA part 2 - Regulation of business of an industry member Part 3 - conduct proceeding Part 4 - Real estate assurance fund Part 5 - Alberta Real Estate Foundation Part 6 - General Rules overview - Answer-Part 1 - auth...

Unit 3 Quiz Latest Update Graded A+ Yan is a real estate professional representing a seller who wishes to use their own property measurements for marketing their property. However, Yan knows he is responsible for ensuring the property is measured according to the RMS. Which of the following statements can Yan make to resolve this situation? A) Yan can tell the seller that their measurements may be provided as an additional measurement for the property B) Yan can tell the seller he wil...

RECA Commercial Unit 2 Rated A+ (New supply) At the macro level, assessing new supply can be obtained through various sources that report building starts and units under construction. These sources include the following: (x4) ️Non residential building starts are compiled by Statistics Canada on a quarterly basis. Investment is measured in dollars and is split into the categories of Industrial, Institutional, and Commercial. Another measure of future supply is the number and percentage...

RECA Residential Unit 2 Exam Questions and Answers 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 regarding the pro...

Reca Fundamentals Of Real Estate - Unit 2 (17% - 25q) Questions And Answers With Verified Solutions 100% Correct!!!

RECA Unit 7 Quiz Latest Update Graded A+ What are Alberta's six natural water sources? A) Surface water, rain water, rivers, river basins, lakes, and wetlands B) Surface water, rivers, river basins, frozen water, lakes, and springs C) Surface water, rivers, river basins, lakes, wetlands, and springs D) Surface water, rivers, river basins, lakes, wetlands, and wells C Which of the following statements are correct regarding a Conservation Easement? 1. A Conservation Easement allows ...