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PRACTICE OF RESIDENTIAL REAL ESTATE EXAM
LATEST EXAM 2025 | ALL QUESTIONS AND CORRECT
ANSWERS | ALREADY GRADED A+ | LATEST VERSION
(JUST RELEASED)
True or False: the power of eminent domain is the right of the crown to
expropriate property for the common good - (answers)true
What is a positive of asphalt shingles? - (answers)They are durable
What are meridians? - (answers)lines of longitude from the North Pole to the
South Pole
True or false: township lines go in an east/west direction and are located 6 miles
apart (36 square miles) - (answers)true
Conduct deserving of sanction - (answers)Fraud, secret commissions, breach of
fiduciary duties
True or false: limit of liability included in errors and omission policy also includes
legal cost of defence - (answers)True
Reason to use 2x6 studs - (answers)allow for more insulation
Sunnybrook Realty signs a seller brokerage agreement w a seller. Mr and Mrs King
write an offer on a property through Westview. What is Sunnybrook's relationship
with Mr and Mrs King? - (answers)Third party
What is the AIDA formula? - (answers)Attract attention, arouse interest, create
desire, call to action
SW1/4 23 - 10 - 5 - W4: what does 4 and 5 refer to? - (answers)4: meridian,
5: range
Disadvantage of bungalow: - (answers)may be more expensive to build per square
foot than a two storey
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True or false: in AB, a real estate industry member may hold either but not both a
mortgage associate licence or an appraiser licence in addition to their real estate
license - (answers)false
Definition of term agent: - (answers)the brokerage that represents a seller in a
real estate transaction
Definition of non-conforming use: - (answers)illegal because of land use bylaw
changes
Best example of express agency w seller - (answers)seller brokerage agreement
Parging is a part of what - (answers)foundation
How many acres are in a section of land? - (answers)640
What has to happen before rules are changed? - (answers)RECA only has to
amend the Rules for them to come into force
True or false: in order to hold land in AB, a company must be registered in AB. -
(answers)True
Is there a duty of indemnification to the client? - (answers)No
Definition of marketing: - (answers)generating, satisfying, and retaining clients
What is not usually included in the total living area? - (answers)Atriums
What is the doctrine of escheat? - (answers)the right of the government to own
unclaimed property and assets.
True or false: when a property is sold, the seller signs a transfer of land document
which is then registered against the title by the new owner. - (answers)false, a
new title is created
True or false: for tax purposes, closing day is always the buyer's day. -
(answers)False
PRACTICE OF RESIDENTIAL REAL ESTATE EXAM
LATEST EXAM 2025 | ALL QUESTIONS AND CORRECT
ANSWERS | ALREADY GRADED A+ | LATEST VERSION
(JUST RELEASED)
True or False: the power of eminent domain is the right of the crown to
expropriate property for the common good - (answers)true
What is a positive of asphalt shingles? - (answers)They are durable
What are meridians? - (answers)lines of longitude from the North Pole to the
South Pole
True or false: township lines go in an east/west direction and are located 6 miles
apart (36 square miles) - (answers)true
Conduct deserving of sanction - (answers)Fraud, secret commissions, breach of
fiduciary duties
True or false: limit of liability included in errors and omission policy also includes
legal cost of defence - (answers)True
Reason to use 2x6 studs - (answers)allow for more insulation
Sunnybrook Realty signs a seller brokerage agreement w a seller. Mr and Mrs King
write an offer on a property through Westview. What is Sunnybrook's relationship
with Mr and Mrs King? - (answers)Third party
What is the AIDA formula? - (answers)Attract attention, arouse interest, create
desire, call to action
SW1/4 23 - 10 - 5 - W4: what does 4 and 5 refer to? - (answers)4: meridian,
5: range
Disadvantage of bungalow: - (answers)may be more expensive to build per square
foot than a two storey
, 2|Page
True or false: in AB, a real estate industry member may hold either but not both a
mortgage associate licence or an appraiser licence in addition to their real estate
license - (answers)false
Definition of term agent: - (answers)the brokerage that represents a seller in a
real estate transaction
Definition of non-conforming use: - (answers)illegal because of land use bylaw
changes
Best example of express agency w seller - (answers)seller brokerage agreement
Parging is a part of what - (answers)foundation
How many acres are in a section of land? - (answers)640
What has to happen before rules are changed? - (answers)RECA only has to
amend the Rules for them to come into force
True or false: in order to hold land in AB, a company must be registered in AB. -
(answers)True
Is there a duty of indemnification to the client? - (answers)No
Definition of marketing: - (answers)generating, satisfying, and retaining clients
What is not usually included in the total living area? - (answers)Atriums
What is the doctrine of escheat? - (answers)the right of the government to own
unclaimed property and assets.
True or false: when a property is sold, the seller signs a transfer of land document
which is then registered against the title by the new owner. - (answers)false, a
new title is created
True or false: for tax purposes, closing day is always the buyer's day. -
(answers)False
