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RECA RESIDENTIAL EXAM UNIT 1-7 LATEST UPDATED VERSION ALL 300+ ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A under which Act/Law are all Alberta municipalities empowered to shape their communities? $27.49   Add to cart

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RECA RESIDENTIAL EXAM UNIT 1-7 LATEST UPDATED VERSION ALL 300+ ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A under which Act/Law are all Alberta municipalities empowered to shape their communities?

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RECA RESIDENTIAL EXAM UNIT 1-7 LATEST UPDATED VERSION ALL 300+ ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A under which Act/Law are all Alberta municipalities empowered to shape their communities? RECA RESIDENTIAL EXAM UNIT 1-7 LATEST UPDATED ...

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  • October 17, 2024
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RECA RESIDENTIAL EXAM UNIT 1-7 LATEST
UPDATED VERSION 2024-2025 ALL 300+ ACTUAL
EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED
A
under which Act/Law are all Alberta municipalities empowered to shape their communities? - CORRECT
ANSWER-MGA - The Municipal Government Act



Which department is responsible for administration of the MGA? - CORRECT ANSWER-Municipal Affairs
is the department responsible for administering the Municipal Government Act



MGA contains 3 key topics - CORRECT ANSWER-1. Assessment and Taxation 2. Governance and
Administration 3. Planning and Development



When was the first (MGA) Municipal Government Act created? - CORRECT ANSWER-in 1968, various
pieces of municipal legislation were consolidated into the first MGA



3 types of municipalities - CORRECT ANSWER-in general Urban, Rural, Specialized. Other categories of
governance include Special area, Metis settlements and Indigenous servers.



population needed to qualify as a city - CORRECT ANSWER-10,000



Who governs cities? - CORRECT ANSWER-A mayor, elected at large, and an even number of Councillors
or alderpersons govern cities. To avoid tie votes, there should always be an odd number of people on
council.



How many cities in Alberta? - CORRECT ANSWER-18



How many people and what percentage of the people of Alberta live in cities? - CORRECT ANSWER-
2,839,822 people represent approximately 68% of the total population

,Min. people needed to make a town - CORRECT ANSWER-1000



Who governs a town? - CORRECT ANSWER-a mayor and six councillors (unless otherwise specified)



Min. people needed to make a village - CORRECT ANSWER-300



Who governs a village? - CORRECT ANSWER-3 councillors, one of whom is the mayor



what are the municipal provisions for summer villages? - CORRECT ANSWER-Same as villages, but
summer village elections and annual meetings must be in the summer, plus only type of municipality
where a person can vote twice in municipal elections. once in the summer village and once in the
municipality where their permanent residence is.



Min. people needed to make a Hamlet - CORRECT ANSWER-5 or more



What is a specialized Municipality? - CORRECT ANSWER-unique structures formed without resorting to a
special Act of the Legislature. Allow urban and rural communities to coexist in a single municipal
government.



5 specialized municipalities in Alberta - CORRECT ANSWER-Crowsnest, Jasper, and Wood Buffalo,
Counties of Strathcona and Mackenzie



How is a bare land condominium defined? - CORRECT ANSWER-By the size of the lot the building sits on.
A RPR identifies lot boundaries. The area within the boundary of the RPR, including structure,
landscaping and garage, are owned by the unit owner. Areas outside the RPR boundaries are common
property and owned by all unit owners



What is Fractional Ownership - CORRECT ANSWER-owning 1/4 to 1/13th of a property with other
individuals



What is a HOA? - CORRECT ANSWER-A home ownership association is typically registered on a fee
simple title. Each property located within the HOA development or community has a separate title with
a HOA caveat registered against it. mandatory membership and is based on each residence being part of

,a specific development or community. Usually requiring the owner to pay an annual or monthly HOA
fee.



How to know the difference between a condominium and a Home Ownership Association (HOA)? -
CORRECT ANSWER-For an HOA a caveat is recorded on the title



For Time Shares, what is the difference between Fee Simple Ownership and Right-to-use ownership? -
CORRECT ANSWER-Fee simple means they own the portion/weeks until they sell their ownership/or
transfer it to another party. Right-to-use is for a set number of years ranging from 15 to 50 years.



How do you find out if a property is a condominium? - CORRECT ANSWER-Must search the certificate of
title



3 types of Condominium Plans - CORRECT ANSWER-Conventional, Bare land and Barely Blended



Condominium Plans - Conventional - CORRECT ANSWER-In a Conventional Condominium Plan, units are
defined spaces within a structure. The interior finish on floors, walls, and ceilings, unless otherwise
stipulated in the Legend on the Plan, distinguish the boundaries for units. Unit boundaries for
Conventional Condominium Plans registered prior to January 1, 1979, are considered to lie in the centre
of floors, walls, and ceilings. All areas not included in the units are considered as part of the common
property.



Condominium Plans - Bare land - CORRECT ANSWER-In a Bare Land Condominium Plan, units are parcels
of land. The boundaries for each unit within a bare land condominium plan are defined by the width and
depth of each parcel of land. They are identified using survey monuments (e.g. steel pins, wooden
stakes) placed on or under the ground. Although improvements (e.g. buildings, fences, roadways) may
be added later, the boundaries for units remain as the width and depth of each parcel of land as defined
in the Condominium Plan. Unit owners of bare land condominiums possess and are responsible for all
improvements fully or partly affixed to the land. There may be rules or bylaws governing these
improvements. An associate should ensure that the buyer is aware of and understands the
condominium corporation's bylaws and any rules. This is usually contained in the condominium
documents provided by the seller. Bare Land Condominium Plans may or may not make provisions for
common property.



Condominium Plans - Barely Blended - CORRECT ANSWER-A Barely Blended Condominium Plan divides
bare land units into smaller units with boundaries defined by the space within a structure. Unit
boundaries for this type of condominium are based on the floors, walls, and ceilings within the

, structure. Barely blended condominiums include a mixture of bare land and conventional
condominiums. A developer first registers a Bare Land Condominium Plan and then constructs a multi-
unit structure on one or more of the bare land units. The developer then registers a Barely Blended
Condominium Plan. The areas of the condominium typically deemed common property (e.g. hallways,
stairways, elevators) are included in a CPU. The condominium corporation owns the common property
unit or remainder unit. The condominium corporation is responsible for the care and maintenance of
the common property.



How do REPs determine the type of condominium plan is in place? - CORRECT ANSWER-by examining
how the unit boundaries are described



Are Housing Cooperatives condominiums? - CORRECT ANSWER-No. Alberta housing cooperatives are
legal non-profit entities incorporated and managed by their members through an elected Board of
Directors. The cooperative owns the building and holds title to the land on which it is built. Members
purchase shares that grant occupancy rights to a unit, within the building under a tenancy agreement.
Membership may be related to specific criteria, such as income level or local residency. The primary
purpose of a cooperative is to provide its members with housing and housing-related facilities. The
Cooperatives Act and Regulation governs all housing cooperatives. Sections of the Land Titles Act may
also apply.



2 examples of attached properties - CORRECT ANSWER-apartments and row townhouses (except for the
end units which would be considered semi-detached)



when does the Real Estate Act apply to mobile homes? (x4) - CORRECT ANSWER-When the following 4
requirements are all met.: The mobile home is 1. designed for use as a residence 2. mounted or
attached to its chassis and running gear 3. can be transported on its own chassis or running gear or
towed by other means 4. situated on a site that is used or intended to be used for residential purposes,
to be leased, sold, or purchased as a residence



REPs require licensing under the Retail Home Sales Business Licensing Regulation under the Tair Trading
Act in the following instances (x2) - CORRECT ANSWER-1. The sale or purchase of a mobile home does
not include an interest in real estate (ie land). 2. The mobile home is situated on a site not intended for
residential use (not leased, sold or purchased as a residence)



For mobile homes where can I search the title ro ascertain ownership and encumbrances registered? -
CORRECT ANSWER-SPIN2

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