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PRACTICE OF PROPERTY MANAGEMENT REAL ESTATE COUNCIL
OF ALBERTA EXAM LATEST 2026 ACTUAL EXAM WITH COMPLETE
QUESTIONS AND CORRECT DETAILED ANSWERS (100% VERIFIED
ANSWERS) |ALREADY GRADED A+| ||PROFESSOR VERIFIED||
||BRANDNEW!!!||
what is a ground fault circuit interrupter designed to do? -
ANSWER-prevent electrical shocks by detecting small variations
in current flow
True or false: if a person signed a contract and purposely made a
mistake because they did not have the money to proceed, then
the contract can be voided because of the mistake. - ANSWER-
False
True or false: a party wall agreement is the same as a mutual
easement. - ANSWER-True
The following is the HARM of which hazard: links to cancer,
causes problems with the skin, liver, nervous system and human
reproduction. - ANSWER-Polychlorinated Biphenyis (PCBs)
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True or false: negotiating leases is considered to be a trade in
real estate. - ANSWER-True
True or false: residential districts can restrict number of family
members - ANSWER-False
How many sections are in a township? - ANSWER-36
True or false: cheques must accompany all offers: - ANSWER-
true
Re dower: spouses give consent by signing... - ANSWER-dower
consent form
True or false: once you refer your client/customer to an expert,
you are not liable for any liability. - ANSWER-False
What term relates the difference between timeshares and
fractional ownership? - ANSWER-fee simple
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In condos, are common areas shared equally? - ANSWER-no
True or false: tenants in common always share the property
equally. - ANSWER-false
Ignoring a client is an example of setting up what barrier? -
ANSWER-emotional
If a seller does not want to disclose a material latent defect the
agent should: - ANSWER-1. persuade the seller to disclose.
2. persuade the seller to review liability with their lawyer
3. if they still don't want to disclose, decline the listing
In order for an agent or a broker to sign on behalf of their client
they require a... - ANSWER-written power of attorney
The client's duty to compensate the agent for liabilities is what
duty? - ANSWER-indemnification
PRACTICE OF PROPERTY MANAGEMENT REAL ESTATE COUNCIL
OF ALBERTA EXAM LATEST 2026 ACTUAL EXAM WITH COMPLETE
QUESTIONS AND CORRECT DETAILED ANSWERS (100% VERIFIED
ANSWERS) |ALREADY GRADED A+| ||PROFESSOR VERIFIED||
||BRANDNEW!!!||
what is a ground fault circuit interrupter designed to do? -
ANSWER-prevent electrical shocks by detecting small variations
in current flow
True or false: if a person signed a contract and purposely made a
mistake because they did not have the money to proceed, then
the contract can be voided because of the mistake. - ANSWER-
False
True or false: a party wall agreement is the same as a mutual
easement. - ANSWER-True
The following is the HARM of which hazard: links to cancer,
causes problems with the skin, liver, nervous system and human
reproduction. - ANSWER-Polychlorinated Biphenyis (PCBs)
,2|Page
True or false: negotiating leases is considered to be a trade in
real estate. - ANSWER-True
True or false: residential districts can restrict number of family
members - ANSWER-False
How many sections are in a township? - ANSWER-36
True or false: cheques must accompany all offers: - ANSWER-
true
Re dower: spouses give consent by signing... - ANSWER-dower
consent form
True or false: once you refer your client/customer to an expert,
you are not liable for any liability. - ANSWER-False
What term relates the difference between timeshares and
fractional ownership? - ANSWER-fee simple
, 3|Page
In condos, are common areas shared equally? - ANSWER-no
True or false: tenants in common always share the property
equally. - ANSWER-false
Ignoring a client is an example of setting up what barrier? -
ANSWER-emotional
If a seller does not want to disclose a material latent defect the
agent should: - ANSWER-1. persuade the seller to disclose.
2. persuade the seller to review liability with their lawyer
3. if they still don't want to disclose, decline the listing
In order for an agent or a broker to sign on behalf of their client
they require a... - ANSWER-written power of attorney
The client's duty to compensate the agent for liabilities is what
duty? - ANSWER-indemnification
