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Exam (elaborations)

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, ...

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  • September 23, 2024
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  • 2024/2025
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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, emotional or
mental disorders, death, slander, property damage or loss, and any dishonest, fraudulent, criminal, or
malicious acts.



**Personal Information**

**Ans** Personal information is any data that can be used to identify a person, including their name or
address.



**Confidential Information**

**Ans** Confidential information refers to details that are intended to remain private and not be shared.



**Privacy**

**Ans** Privacy allows individuals to control how their personal information is collected, used, and
shared.



**Privacy Principles**

**Ans** Key principles of privacy include accountability, identifying the purpose of data collection,
obtaining consent, limiting data collection, ensuring accuracy, controlling data usage and disclosure,
implementing safeguards, maintaining openness, and allowing individual access to their information.



**Opt-Out Consent**

**Ans** Opt-out consent occurs when an organization assumes an individual agrees to a stated purpose
unless the individual explicitly objects.



**Information Barriers to Protect Clients**




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