Reca residential - Study guides, Class notes & Summaries

RECA RESIDENTIAL UNIT 1, RECA RESIDENTIAL UNIT 2, RECA RESIDENTIAL UNIT 3, RECA RESIDENTIAL UNIT 4, RECA RESIDENTIAL UNIT 5, RECA RESIDENTIAL UNIT 6, RECA RESIDENTIAL UNIT 7, RECA RESIDENTIAL UNIT 8, RECA RESIDENTIAL UNIT 9 | COMPLETE QUESTIONS AND CORRECT ANSWERS | BRAND NEW| 2024 | 100% PASS TEST BANK. 3 fundamental principles of fiduciary duty. AKA the 3 principles that give rise to fiduciary duties in a representation relationship: - Trust and Confidence, Best Interests, Loyalty ...

Fiduciary Representation - Answer- - Trust and confidence - Best interests - Loyalty 5 Ds of Role Clarity - Answer- 1. Discuss 2. Determine 3. Document 4. Disclose 5. Do Must disclose in writing - Answer- - the nature of services provided - whether professional has entered into representation relationship with other party - any conflicts of interest - any other facts that may influence consumers decision to proceed with relationship made to clarify and provide proof of undertan...

RECA Residential Exam (Latest Update) Complete Solutions.

5 C's of Borrower Credit - Answer-Character, Capital, Capacity, Collateral, Credit 5 Ds of Role Clarity - Answer-1. Discuss 2. Determine 3. Document 4. Disclose 5. Do Abandoned wells - Answer-- physical threat - allowing surface runoff to directly enter an aquifer - permitting cross contamination of different aquifers by a well bore can tell that its running dry - air bubbles in waterline - no water flow - water outages after heavy use - pump does not produce as much water as it us...

Reca – Residential Exam Questions and Answers 2024 Self regulation -Answer--General obligation -Care & Skill -Act honestly -Negotiate favorable terms -Maintain confidentiality -Disclose information -Act in person -Obey lawful instructions -Perform mandate Brokerage interests -Answer-Interest of brokerage at odds with brokerage client Fiduciary duties -Answer--Utmost loyalty -Not to make secret profits -Maintain confidentiality -To account -Avoid and disclose conflicts of interes...

RECA Residential Exam With 100% Correct Answers 2024

RECA Residential Exam Questions and Answers (Latest Update 2024)

RECA Residential Unit 1, RECA Residential Unit 2, RECA Residential Unit 3, RECA Residential Unit 4, RECA Residential Unit 5, RECA Residential Unit 6, RECA Residential Unit 7, RECA Residential Unit 8, RECA Residential Unit 9

RECA Residential Exam Questions with 100% Correct Answers | Verified | Latest Update 2024

RECA Residential Exam | Q&A Latest 2024/2025 | 100% PASS Fiduciary Representation - Answer -- Trust and confidence - Best interests - Loyalty 5 Ds of Role Clarity - Answer -1. Discuss 2. Determine 3. Document 4. Disclose 5. Do Must disclose in writing - Answer -- the nature of services provided - whether professional has entered into representation relationship with other party - any conflicts of interest - any other facts that may influence consumers decision to proceed with rela...