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RECA Residential Unit 3 with complete verified solutions .
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RECA Residential Unit 3 with complete verified solutions .
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RECA Residential Unit 3 withcomplete verified solutions
2025-2026
What is the RMS? - answer Residential Measurement Standard
4 qualities of a standard - answer 1. It must be objective (ie
Uniform, consistent) 2. It mut apply to an object or process that can
be quantified (i.e. measured) 3. It's results must be verifiable (i.e.
repeated by others) 4. It's results must be quantifiable (i.e.
measurable)
What is a measurement standard as it relates to property use? -
answer is an objective and consistent method to determine the
area of a property and the results are verifiable. It is based on the
application of transparent, uniform principles and protocols.
What are FSBOs? - answer For Sale By Owner
Does the RMS apply to builders and FSBOs? - answer Yes
When was the current Residential Measurement Standard
developed? - answer April 2016. Effective May 18th, 2016, the RMS
became the province-wide requirement for all REPs when measuring
and communicating the size of residential properties
Is the RMS a principles-based standard? - answer Yes. Principle-
based means the standard has key underlying concepts that are
required to be applied in practice.
, 4 Benefits of the RMS - answer 1. A province-wide property
measurement standard for all real estate professionals 2. Applies to
all real estate brokerages regardless of their service package,
including mere postings 3. Clarity and consistency of property
measurement 4. Provides data reliability for property comparison
what does CMA mean? - answer comparative market analysis
Is it possible for portable dwellings to be considered Residential
real estate? If so, what is the criteria (x4) - answer Yes, Residential
real estate may include a portable dwelling (mobile Home) designed
for use as a residence. The portable dwelling: 1. must be mounted
on or attached to its own chassis and running gear 2. May be
transported on its own chassis and running gear 3. Must be situated
on a site that is used or intended to be used for residential
purposes 4. is represented by the site owner for residential use
RMS applies to (x 6) - answer 1. Residential property 2. Rural
residential property 3. Residential property for rent or lease 4.
Individual premise to be used as a dwelling even if the dwelling was
sold and purchased as a bundle for business purpose (ie an
apartment building) 5. Property measurement service hired to
measure a residential property 6. Residential properties to be built
RMS does not apply to (x3) - answer Non-residential properties,
such as commercial, industrial or retail premises. 2. Private real
estate transactions between individual sellers and buyers with no
real estate professional involved (ie for Sakle By Owners (FSBOs) 3.
Properties sold directly to the public by a residential builder or
developer, such as a new home builder.
Why do some land developers and new home builders not follow the
RMS? - answer They are not under RECA's jurisdiction and so they
are not required to follow the RMS when working directly with the
public regarding their properties. (if REPs are involved the REP must
follow the RMS though)
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