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Exam (elaborations)
RECA Residential Exam
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 undertanding in e...