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RECA/ Alberta Real Estate Bundled Exams Questions and Answers | 100% Verified and Updated 2024 | Revised Edition
RECA/ Alberta Real Estate Bundled Exams Questions and Answers | 100% Verified and Updated 2024 | Revised Edition
[Montrer plus]RECA/ Alberta Real Estate Bundled Exams Questions and Answers | 100% Verified and Updated 2024 | Revised Edition
[Montrer plus]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 ...
Aperçu 2 sur 5 pages
Ajouter au panierUnit 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 ...
RECA Exam Study Questions with correct Answers 
Carl, a real estate professional, is registered with Prime Plus Real Estate Ltd. He has listed his 
brother's house for sale with the brokerage. A real estate professional with another brokerage 
contacts Carl and asks to preview the property as she h...
Aperçu 2 sur 8 pages
Ajouter au panierRECA Exam Study Questions with correct Answers 
Carl, a real estate professional, is registered with Prime Plus Real Estate Ltd. He has listed his 
brother's house for sale with the brokerage. A real estate professional with another brokerage 
contacts Carl and asks to preview the property as she h...
RECA fundamentals study guide with complete solutions 
duty-based ethics -Answer-Individual is expected to do the right thing cause it's the right thing to 
do, regardless of outcome 
utalitarian ethics -Answer-Sells the optimal result for the greatest number of people 
Advisory note -Answer-Punish...
Aperçu 2 sur 15 pages
Ajouter au panierRECA fundamentals study guide with complete solutions 
duty-based ethics -Answer-Individual is expected to do the right thing cause it's the right thing to 
do, regardless of outcome 
utalitarian ethics -Answer-Sells the optimal result for the greatest number of people 
Advisory note -Answer-Punish...
RECA Residential Exam 2024 Questions and Answers 
Fiduciary Representation -Answer-- Trust and confidence 
- Best interests 
- Loyalty 
5 Ds of Role Clarity -Answer-1. Discuss 
2. Determine 
3. Document 
4. Disclose 
5. Do 
Must disclose in writing -Answer-- the nature of services provided 
- whethe...
Aperçu 3 sur 26 pages
Ajouter au panierRECA Residential Exam 2024 Questions and Answers 
Fiduciary Representation -Answer-- Trust and confidence 
- Best interests 
- Loyalty 
5 Ds of Role Clarity -Answer-1. Discuss 
2. Determine 
3. Document 
4. Disclose 
5. Do 
Must disclose in writing -Answer-- the nature of services provided 
- whethe...
Reca CH1 Quiz 2024 -100% Solved 
Which of the following is NOT a non-price determinant of demand? 
A) Market size 
B) Costs of production 
C) Availability of credit 
D) Consumers' disposable income -Answer-C) Availability of credit 
Which entity has the authority to amend the Real Estate Act? 
A) R...
Aperçu 2 sur 7 pages
Ajouter au panierReca CH1 Quiz 2024 -100% Solved 
Which of the following is NOT a non-price determinant of demand? 
A) Market size 
B) Costs of production 
C) Availability of credit 
D) Consumers' disposable income -Answer-C) Availability of credit 
Which entity has the authority to amend the Real Estate Act? 
A) R...
1x vendu
Reca – Residential Exam Questions and Answers 2024 
Self regulation -Answer--General obligation 
-Care & Skill 
-Act honestly 
-Negotiate favorable terms 
-Maintain confidentiality 
-Disclose information 
-Act in person 
-Obey lawful instructions 
-Perform mandate 
Brokerage interests -Answer-Inte...
Aperçu 3 sur 21 pages
Ajouter au panierReca – Residential Exam Questions and Answers 2024 
Self regulation -Answer--General obligation 
-Care & Skill 
-Act honestly 
-Negotiate favorable terms 
-Maintain confidentiality 
-Disclose information 
-Act in person 
-Obey lawful instructions 
-Perform mandate 
Brokerage interests -Answer-Inte...
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 database...
Aperçu 4 sur 59 pages
Ajouter au panierRECA 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 database...
RECA Commercial Unit2 Exam Questions and Answers 2024 
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) -Answer-1. They involve land 
2.Transaction time frames are long 
3. Transacti...
Aperçu 4 sur 55 pages
Ajouter au panierRECA Commercial Unit2 Exam Questions and Answers 2024 
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) -Answer-1. They involve land 
2.Transaction time frames are long 
3. Transacti...
Practice of Property Management- Real Estate Council of 
Alberta Exam Questions and Answers 2024 
Types of Properties -Answer-1. Single Family Residential 
2. Multi Family Residential: Low High, Mid Rise High Rise, Row Housing 
3. Cooperative 
4. Condominium 
5. Commercial 
Forms of Ownership -Answe...
Aperçu 2 sur 12 pages
Ajouter au panierPractice of Property Management- Real Estate Council of 
Alberta Exam Questions and Answers 2024 
Types of Properties -Answer-1. Single Family Residential 
2. Multi Family Residential: Low High, Mid Rise High Rise, Row Housing 
3. Cooperative 
4. Condominium 
5. Commercial 
Forms of Ownership -Answe...
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 ...
Aperçu 4 sur 64 pages
Ajouter au panierRECA 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 ...
Alberta Real Estate Fundamentals Exam 
with 100% correct Answers 2024 
Real Estate -Answer-The land and fixed improvements to the land 
Classes of License -Answer-1. Associate 
2. Associate Broker 
3. Broker 
4 Areas of Practice -Answer-1. Residential 
2. Commercial 
3. Rural 
4. Property Management...
Aperçu 1 sur 3 pages
Ajouter au panierAlberta Real Estate Fundamentals Exam 
with 100% correct Answers 2024 
Real Estate -Answer-The land and fixed improvements to the land 
Classes of License -Answer-1. Associate 
2. Associate Broker 
3. Broker 
4 Areas of Practice -Answer-1. Residential 
2. Commercial 
3. Rural 
4. Property Management...
alberta real estate law exam with complete solutions 
REAL ESTATE -Answer- 
ADVERSE POSSESION- -Answer-Valid title to land acquired through open, visible and 
uninterrupted possession of that property without the owner's permission for a period of at least 
10 years. 
GAURANTOR- -Answer-A person wh...
Aperçu 1 sur 2 pages
Ajouter au panieralberta real estate law exam with complete solutions 
REAL ESTATE -Answer- 
ADVERSE POSSESION- -Answer-Valid title to land acquired through open, visible and 
uninterrupted possession of that property without the owner's permission for a period of at least 
10 years. 
GAURANTOR- -Answer-A person wh...
Alberta Real Estate Fundamentals 2024 
Real Estate -Answer-The land and fixed improvements to the land 
Classes of License -Answer-1. Associate 
2. Associate Broker 
3. Broker 
4 Areas of Practice -Answer-1. Residential 
2. Commercial 
3. Rural 
4. Property Management 
Mobile homes fall under the sa...
Aperçu 1 sur 3 pages
Ajouter au panierAlberta Real Estate Fundamentals 2024 
Real Estate -Answer-The land and fixed improvements to the land 
Classes of License -Answer-1. Associate 
2. Associate Broker 
3. Broker 
4 Areas of Practice -Answer-1. Residential 
2. Commercial 
3. Rural 
4. Property Management 
Mobile homes fall under the sa...
Fundamentals to Alberta Real Estate Exam 
Questions and Answers 
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...
Aperçu 1 sur 1 pages
Ajouter au panierFundamentals to Alberta Real Estate Exam 
Questions and Answers 
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...
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