Reca unit 2 exam - Study guides, Class notes & Summaries

RECA Residential Unit 2 Exam (Graded A Plus) with Questions and Validated 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...

RECA Residential Unit 7 Exam Questions and Answers 2024 under which Act/Law are all Alberta municipalities empowered to shape their communities? - Answer-MGA - The Municipal Government Act Which department is responsible for administration of the MGA? -Answer-Municipal Affairs is the department responsible for administering the Municipal Government Act MGA contains 3 key topics -Answer-1. Assessment and Taxation 2. Governance and Administration 3. Planning and Development When was the fir...

RECA Commercial Unit 2 (A+ Guaranteed) Latest Update 2024

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RECA Unit 1 Quiz Correctly Solved Exam [100% Correct Answers] Which of the following acts as an accountability mechanism that RECA is obligated to follow under the Act? A) RECA must compile an annual report for the Minister of Service Alberta for the prior year. B) RECA must prepare an annual consumer report detailing the investigations conducted for the Minister of Service Alberta. C) RECA must create a market report regarding the industries it regulates for the Minister of S...

RECA Exam| 2023/ 2024| Questions and Verified Answers| Grade A QUESTION Stan, a real estate professional registered with McAgent Real Estate Brokerage 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? Answer: Disclosure level 3 QUESTION Mary, a real estate pr...

RECA Residential Unit 7 Exam Questions and Answers 2024 under which Act/Law are all Alberta municipalities empowered to shape their communities? - Answer-MGA - The Municipal Government Act Which department is responsible for administration of the MGA? -Answer-Municipal Affairs is the department responsible for administering the Municipal Government Act MGA contains 3 key topics -Answer-1. Assessment and Taxation 2. Governance and Administration 3. Planning and Development When was the fir...

Unit 1 RECA Exam Questions and Answers (Graded A) Define real estate -Answer-refers to land and fixed improvements to land (permanent) What are the building classifications -Answer-Residential Commercial Retail Institutional Agricultural Real Estate Sectors/Property Types -Answer-Residential commercial rural property management characteristics that identifies real estate as limited resource -Answer-scarce characteristic that defines real estate as indestructable -Answer-durable real ...

Unit 1 RECA Exam Questions and Answers (Graded A) Define real estate -Answer-refers to land and fixed improvements to land (permanent) What are the building classifications -Answer-Residential Commercial Retail Institutional Agricultural Real Estate Sectors/Property Types -Answer-Residential commercial rural property management characteristics that identifies real estate as limited resource -Answer-scarce characteristic that defines real estate as indestructable -Answer-durable real ...

RECA Rural Part 1 Correctly Solved Exam [100% Correct Answers] What area does an acre cover? **Ans** An acre covers an area of 43,560 square feet. How many hectares are in an acre? **Ans** One acre is equivalent to 0.4047 hectares. What are animal unit equivalents? **Ans** Animal unit equivalents (AU) are a standard measure used to evaluate the grazing impact of different types of livestock and wildlife. For example, Animal Unit Months (AUM) indicate the duration livestoc...