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RECA Residential Exam with Verified Solutions Rated 100%

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RECA Residential Exam with Verified Solutions Rated 100% Fiduciary Representation -ANS- - Trust and confidence - Best interests - Loyalty 5 Ds of Role Clarity -ANS- 1. Discuss 2. Determine 3. Document 4. Disclose 5. Do Must disclose in writing -ANS- - the nature of services provided ...

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RECA Exam 1 With Correct Solutions Already Passed A+

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RECA Exam 1 With Correct Solutions Already Passed A+ 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 ...

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RECA Fundamentals Verified Q&A Scored 100%

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RECA Fundamentals Verified Q&A Scored 100% Individual is expected to do the right thing cause it's the right thing to do, regardless of outcome *ANS* duty-based ethics Sells the optimal result for the greatest number of people *ANS* utalitarian ethics Punishment for a technical breach *ANS...

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RECA Commercial EXAM 2 Correctly Solved 100% Pass

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RECA Commercial EXAM 2 Correctly Solved 100% Pass 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) *ANS* 1. They involve land 2.Transaction time frames are long 3. Transaction co...

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Practice Exam (residential) RECA Correctly Solved Exam |100% Correct Answers|

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Practice Exam (residential) RECA Correctly Solved Exam |100% Correct Answers| Which statement best describes a qualified real estate professional? A) A real estate agent who commits to providing services they cannot perform B) A real estate agent who has the necessary skills and expert...

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RECA Commercial Unit 2 Correctly Solved Exam [100% Correct]

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RECA Commercial Unit 2 Correctly Solved Exam [100% Correct] Commercial real estate properties exhibit several features that set them apart from other investment types. These features include the following: (x10) **Answer:** 1. They involve land 2. Transaction timelines are long 3. High...

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RECA Fundamentals of Real Estate Exam [100% Correct] 2025 Release

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RECA Fundamentals of Real Estate Exam [100% Correct] 2025 Release **Exclusions of REIX** **Ans** REIX excludes certain activities, such as those not involving real estate trades, property title registration, or conveyance. It also does not cover claims related to bodily injury, sickness, e...

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RECA Quiz Review Questions [100% Correct Answers]

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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 an...

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RECA Residential Exam 100% correct Answers [VERIFIED]

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RECA Residential Exam 100% correct Answers [VERIFIED] **Fiduciary Representation** **Ans** Fiduciary representation involves trust and confidence. A fiduciary is required to act in the best interests of the client, maintaining loyalty throughout the relationship. **5 Ds of Role Cla...

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RECA Rural Part 1 Correctly Solved Exam [100% Correct Answers]

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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...

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RECA Unit 1 Quiz Correctly Solved Exam [100% Correct Answers]

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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 ...

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Correctly Solved Final Exam Property Management- Real Estate Council of Alberta [100% Correct Answers]

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Correctly Solved Final Exam Property Management- Real Estate Council of Alberta [100% Correct Answers] The 4 D's of Disclosure are as follows: **Ans** Decide, Disclose, Document, Do. A common limitation on payouts is the co-insurance clause. **Ans** This clause safeguards the insu...

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Introductory PME (Enlisted) - Block 6 - RECA (NWC-IEPME-INTRO-B6-V5) [100% Correct Answers]

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Introductory PME (Enlisted) - Block 6 - RECA (NWC-IEPME-INTRO-B6-V5) [100% Correct Answers] A society's overall views on what is considered right, good, or proper are referred to as its ______________. **Ans** values. ______________ can obstruct logical assessment of a situation. ...

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Alberta Real Estate Fundamentals Correctly Solved Exam [100% Correct Answers]

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Alberta Real Estate Fundamentals Correctly Solved Exam [100% Correct Answers] Real Estate pertains to the land and the permanent improvements made to it. **Ans** The land and fixed improvements to the land. Classes of License consist of the following categories: **Ans** 1. Associate ...

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