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RECA with verified answers latest 2023 Exam (elaborations) unit 1 quiz(RECA)fully solved to pass 2023 Exam (elaborations) Unit 2(RECA)QUESTIONS WITH COMPLETE SOLUTION LATEST 2023 Exam (elaborations) Unit 7 Quiz(RECA)correctly answered rated A+ 2023 Exam (elaborations) Fundamentals of Real E...

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RECA Residential Exam questions and answers latest 2023

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RECA Residential Exam questions and answers latest 2023Fiduciary Representation - Trust and confidence - Best interests - Loyalty 5 Ds of Role Clarity 1. Discuss 2. Determine 3. Document 4. Disclose 5. Do Must disclose in writing - the nature of services provided - whether pr...

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Residential Real Estate RECA Terms Correct answers latest 2023

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Residential Real Estate RECA Terms Correct answers latest 2023General Power of Attorney -No limits on powers to make decisions about donors financial and legal affairs -The one exception is decisions about the donors personal affairs such as consenting to health care or deciding where the donor ...

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RECA Exam Study questions and answers graded A+ to pass

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RECA Exam Study questions and answers graded A+ to passCarl, 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 ...

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Test bank Exam (residential)correctly answered 2023(verified)

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Test bank Exam (residential)correctly answered 2023(verified)Which of the following statements describe a competent real estate professional? A) A real estate professional who agrees to provide services they are incapable of performing B) A real estate professional who possesses the necessary abil...

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RECA PRACTICE EXAM QUESTIONS and answers 2023

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RECA PRACTICE EXAM QUESTIONS and answers 2023Meridians and ranges are Longitudal lines condominium (condo) form of ownership with the owners holding legal title to their own housing unit among many, with common grounds and facilities shared ownership cooperatives (co-ops) -buildings...

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RECA fundamentals study guide questions and answers latest 2023

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RECA fundamentals study guide questions and answers latest 2023duty-based ethics Individual is expected to do the right thing cause it's the right thing to do, regardless of outcome utalitarian ethics Sells the optimal result for the greatest number of people Advisory note Punishme...

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RECA Fundamentals Exam questions with correct answers 100% correct

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RECA Fundamentals Exam questions with correct answers 100% correctWhich of the following is NOT a RECA educational resource for industry professionals? Spatial Information System (Spin 2) Which entity has the authority to amend the Real Estate Act Provincial Legislature Which of the ...

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Unit 1 RECA questions and answers latest 2023

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Unit 1 RECA questions and answers latest 2023Define real estate refers to land and fixed improvements to land (permanent) What are the building classifications Residential Commercial Retail Institutional Agricultural Real Estate Sectors/Property Types Residential commercial rur...

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Real Estate test bank Exam Questions and answers 100% correct

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Real Estate test bank Exam Questions and answers 100% correct1. Brokerage definition... the business practice of bringing together the parties in a practice. 2. What are two examples of special use property? schools and cemetary 3. What is an example of functional obsolescence? bath...

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Quiz Review Questions(verified answers)2023

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Quiz Review Questions(verified answers)2023Which 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 and knowledge to pe...

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Alberta Real Estate Fundamentals questions and correct answers 2023

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Alberta Real Estate Fundamentals questions and correct answers 2023Real Estate The land and fixed improvements to the land Classes of License 1. Associate 2. Associate Broker 3. Broker 4 Areas of Practice 1. Residential 2. Commercial 3. Rural 4. Property Management Mobil...

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Fundamentals of Real Estate correctly answered 2023

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Fundamentals of Real Estate correctly answered 2023real estate Land and fixed improvements residential property Used as dwellings for one or more occupants, can be owned, rented or leased. Recreational Property land used for leisure activities, such as parks, forests, time-shares an...

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Unit 7 Quiz(RECA)correctly answered rated A+ 2023

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Unit 7 Quiz(RECA)correctly answered rated A+ 2023What are Alberta's six natural water sources? A) Surface water, rain water, rivers, river basins, lakes, and wetlands B) Surface water, rivers, river basins, frozen water, lakes, and springs C) Surface water, rivers, river basins, lakes, wetlands,...

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Unit 2(RECA)QUESTIONS WITH COMPLETE SOLUTION LATEST 2023

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Unit 2(RECA)QUESTIONS WITH COMPLETE SOLUTION LATEST 2023The 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...

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unit 1 quiz(RECA)fully solved to pass 2023

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unit 1 quiz(RECA)fully solved to pass 2023Which of the following represents an accountability mechanism that RECA must comply with under the Act? A) RECA must prepare for the Minister of Service Alberta an annual report for the previous year end B) RECA must prepare for the Minister of Service A...

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