RECA Residential Exam guide
2025-2026 with over 120 real
exam questions
What is the difference between Remediation vs Reclamation
Remediation
- reducing contamination to a level that does not impair or damage the
environment
Reclamation
- returning disturbed land to a productive state
Elaborate on GST
- property sellers are the only ones who can determine is GST applies to their
property
- seller is responsible to collect GST unless seller is a non-resident of Canada
Function of Conservation Easement
- allows the alberta government to designate private lands as protected
- regulated the allowable uses of land
- may restrict certain activities on the land
,Telecommunications
Satellite Internet
- Satellite in orbit, gateway, dish
Final Mile Rural connectivity
- initiative between service alberta and Alberta Agriculture
- brings highspeed internet to unserviced areas
- currently 94% have access to high speed - want 98%
Fixed Wireless
- uses radio waves to connect to internet
Alberta Supernet
- created to connect schools, hospitals ect
- promotes rural economic development + business opportunities
Alberta 2nd call
- unregistered underground facilities
Consumer Relationship Guide
- makes consumers aware of relationship options available to them
- should be discussed when entering into relationship with prospective client
- discusses obligations and duties associated with representation relationship
,Transaction brokerage
when conflicts of interest arise
Sellers Real Estate Professional
- doesn't typically track the cost of advertisements that have been placed on
the property
Documents required to be retained
- Successful purchase contracts
- collapsed purchase contracts
- failed offers to purchase
- notices waiving purchase contract conditions
Conditions can be
Waived
not waived
extended
Fiduciary 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 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 undertanding in event issues or disputes
arise
Written Service Agreement vs Customer Acknowledgement Forms
Written Service Agreement
- when consumer chooses a representation relationship
- becomes a client
2025-2026 with over 120 real
exam questions
What is the difference between Remediation vs Reclamation
Remediation
- reducing contamination to a level that does not impair or damage the
environment
Reclamation
- returning disturbed land to a productive state
Elaborate on GST
- property sellers are the only ones who can determine is GST applies to their
property
- seller is responsible to collect GST unless seller is a non-resident of Canada
Function of Conservation Easement
- allows the alberta government to designate private lands as protected
- regulated the allowable uses of land
- may restrict certain activities on the land
,Telecommunications
Satellite Internet
- Satellite in orbit, gateway, dish
Final Mile Rural connectivity
- initiative between service alberta and Alberta Agriculture
- brings highspeed internet to unserviced areas
- currently 94% have access to high speed - want 98%
Fixed Wireless
- uses radio waves to connect to internet
Alberta Supernet
- created to connect schools, hospitals ect
- promotes rural economic development + business opportunities
Alberta 2nd call
- unregistered underground facilities
Consumer Relationship Guide
- makes consumers aware of relationship options available to them
- should be discussed when entering into relationship with prospective client
- discusses obligations and duties associated with representation relationship
,Transaction brokerage
when conflicts of interest arise
Sellers Real Estate Professional
- doesn't typically track the cost of advertisements that have been placed on
the property
Documents required to be retained
- Successful purchase contracts
- collapsed purchase contracts
- failed offers to purchase
- notices waiving purchase contract conditions
Conditions can be
Waived
not waived
extended
Fiduciary 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 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 undertanding in event issues or disputes
arise
Written Service Agreement vs Customer Acknowledgement Forms
Written Service Agreement
- when consumer chooses a representation relationship
- becomes a client
