Unit 7 Quiz(RECA)correctly answered rated A+ 2023/2024

Unit 7 Quiz(RECA)correctly answered rated A+ 2023/2024What 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, and springs D) Surface water, rivers, river basins, lakes, wetlands, and wells - correct answer C Which of the following statements are correct regarding a Conservation Easement? 1. A Conservation Easement allows the Alberta government to designate private lands as protected 2. A Conservation Easement regulates the allowable uses of the land 3. A Conservation Easement is customizable based on the property owner's needs and wants 4. A Conservation Easement may restrict certain activities on the land such as subdivision, development, petroleum storage, gravel pits, or feedlots A) Statements I, II, and III B) Statements I, II, and IV C) Statements I, III, and IV D) Statements II, III, and IV - correct answer B Al owns a rural residential property with a pond. Last year the pond had an algal bloom. Al wants to prevent another algal bloom from happening this year. Which of the following steps should he take? 1. Minimize the amount of fertilizer he uses 2. Create a buffer of natural vegetation between the property and the pond 3. Ensure his septic system is functioning properly 4. Add phosphorus to the pond A) Statements I, II, and III B) Statements I, II, and IV C) Statements I, III, and IV D) Statements II, III, and IV - correct answer A Which of the following best describes a bare land condominium? A) Unit boundaries are defined by the width and depth of a parcel of land B) Unit boundaries are defined by the width, depth, and height of a parcel of land C) There are no buildings located on a bare land condominium D) There is no common property associated with a bare land condominium - correct answer A What are signs that a well is going dry? 1. Air bubbles in the water line 2. Water outages after heavy use (watering the lawn) 3. High water pressure 4. Sediment in the water (appears muddy) A) Statements I, II, III B) Statements I, II, IV C) Statements I, III, IV D) All statements apply - correct answer B What aspects should a shared well agreement address? 1. Assure ongoing water service to all parties 2. Identify the specific uses for the water 3. Establish easements for all elements of the system 4. Prohibit connection to new residences without the consent of all parties A) Statements I, II, III B) Statements II, III, IV C) Statements I, II, IV D) All statements apply - correct answer D John is a residential real estate professional who is showing Jen rural properties to buy. One property has a large pole outside the residence with a wireless radio at the top. Which of the following does this indicate? A) The property has terrestrial internet B) The property has satellite internet C) The property has fixed wireless internet D) The property has the Alberta SuperNet - correct answer C Which of the following terms best describes water that seeps through the openings and pore spaces in soil and rock? A) Surface water B) Groundwater C) Discharge water D) Waste water - correct answer B Which of the following resources can real estate professionals use to help clarify the criteria related to trading in real estate in the different areas of practice? 1. RECA Information Bulletins on trading in real estate 2. Their real estate broker 3. Real estate boards