Reca mortgage broker Study guides, Class notes & Summaries

Fundamentals of real estate exam prep questions and answers 2024 Land -Answer-The ground & that which is beneath & above it Real estate -Answer-land & fixed improvements to the land Real property -Answer-land, fixed improvements & intangible rights of ownership Personal Property -Answer-Items that can be removed without damaging to the the property Surface rights -Answer-Rights assoctiaed with physcial ground (top layer of land) Supply -Answer-The quantity supplied is the amount of good o...

Fundamentals of real estate exam prep questions and answers 2024 Land -Answer-The ground & that which is beneath & above it Real estate -Answer-land & fixed improvements to the land Real property -Answer-land, fixed improvements & intangible rights of ownership Personal Property -Answer-Items that can be removed without damaging to the the property Surface rights -Answer-Rights assoctiaed with physcial ground (top layer of land) Supply -Answer-The quantity supplied is the amount of good o...

RECA Exam Study Questions And Answers 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 disclosure must Carl provide? - ANS Disclosure level 1 When evaluating an ethical dilemma, the first step is awareness. An individual may become aware of an ethical ...

Alberta Real Estate Fundamentals Exam with 100% correct Answers 2024 Real Estate -Answer-The land and fixed improvements to the land Classes of License -Answer-1. Associate 2. Associate Broker 3. Broker 4 Areas of Practice -Answer-1. Residential 2. Commercial 3. Rural 4. Property Management Mobile homes fall under the same category as recreational properties -Answer-False Industrial Properties -Answer-Include warehouses and custom-built manufacturing plants Residential Income propert...

RECA Exam Study Questions And Answers (Verified And Updated) 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 disclosure must Carl provide? - answerDisclosure level 1 When evaluating an ethical dilemma, the first step is awareness. An individual may become ...

RECA Exam Study Questions with correct Answers 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 disclosure must Carl provide? -Answer-Disclosure level 1 When evaluating an ethical dilemma, the first step is awareness. An individual may become aware of an et...

RECA Exam Study Questions And Answers (Updated And Verified) 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 disclosure must Carl provide? - answerDisclosure level 1 When evaluating an ethical dilemma, the first step is awareness. An individual may become ...

RECA Exam Study Questions And Answers (Verified And Updated) 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 disclosure must Carl provide? - answerDisclosure level 1 When evaluating an ethical dilemma, the first step is awareness. An individual may become ...

The purposes of RECA according to the Act is the following... 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 Act through the Rules, Regulations & Bylaws Describe and explain the differences between the Rules, Regulations & Bylaws 1: Rules are a set of instructions to be followed by all industry professionals 2....