BUNDLE::-RECA EXAMS WITH COMPLETE SOLUTIONS (LATEST UPDATE) 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 as she has a potential buyer. What level of disclosu...

In what time period was Podcast invented? correct answer What is the following logo? (purple) correct answerApple What is the following Logo? (orange) correct answerRSS What does RSS stand for? correct answerReally Simple Syndication The delivery of Podcast Episodes is based on what type of comp...

The purposes of RECA according to the Act is the following... - Answer- 1. Set and enforce rules for industry members to follow, to promote integrity, and protect the consumer from mortgage fraud. 2. Provide services that help industry professionals in the industry. 3. Administer (enforce) the...

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 has a potential buyer. What level of disclosu...

Reca – Residential Exam; Questions and Answers 100% Solved Self regulation Correct answer -General obligation -Care & Skill -Act honestly -Negotiate favorable terms -Maintain confidentiality -Disclose information -Act in person -Obey lawful instructions -Perform mandate Brokerage inter...

RECA Fundamentals Exam; Questions and Answers 100% Solved Which of the following is NOT a RECA educational resource for industry professionals? Correct answer Spatial Information System (Spin 2) Which entity has the authority to amend the Real Estate Act Correct answer Provincial Legislatur...

RECA Commercial Unit 2; Questions and Answers 100% Solved 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) Correct answer 1. They involve land 2.Transaction time frames are lo...

RECA Fundamentals Unit 5; Questions and Answers 100% Solved What are the two types of laws? Correct answer Statute law: Federal or Provincial law Common law: Laws based on previous decisions on similar matters When you make an agreement/contract with a client is that agreement with you or the ...

Reca Practice Exam; Questions and Answers 100% Solved When considering a buyer's qualifications , a lender will use the 5 " C's " to evaluate the borrower's ability to repay a loan . The 5 " Cs " are : Character , Capacity, Continuance Capital, Credit Capacity, Continuance, Capital, C...

RECA Fundamentals Study Guide; Questions and Answers 100% Solved duty-based ethics Correct answer Individual is expected to do the right thing cause it's the right thing to do, regardless of outcome utalitarian ethics Correct answer Sells the optimal result for the greatest number of people...

RECA Residential Exam; Questions and Answers 100% Solved Fiduciary Representation Correct answer - Trust and confidence - Best interests - Loyalty 5 Ds of Role Clarity Correct answer 1. Discuss 2. Determine 3. Document 4. Disclose 5. Do Must disclose in writing Correct answer - the nature...

RECA Unit 1 Exam; Questions and Answers 100% Solved Define real estate Correct answer refers to land and fixed improvements to land (permanent) What are the building classifications Correct answer Residential Commercial Retail Institutional Agricultural Real Estate Sectors/Property Ty...

RECA Exam Study Guide; Questions and Answers 100% Solved 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 pro...

RECA Mortgage broker; Questions and Answers 100% Solved The class of license needed for the operation of the real estate business Correct answer Brokerage First license earned when entering the real estate profession Correct answer Associate Three components of Leadership Correct answer Authori...