Reca residential exam Study guides, Class notes & Summaries

RECA RESIDENTIAL EXAM UNITS 1-9| RECA RESIDENTIAL TEST BANK| 1763 QUESTIONS &ANSWERS 100% CORRECT|COMPLETE SOLUTION GUIDE| LATEST 2024 RECA RESIDENTIAL EXAM UNITS 1-9| RECA RESIDENTIAL TEST BANK| 1763 QUESTIONS &ANSWERS 100% CORRECT|COMPLETE SOLUTION GUIDE| LATEST 2024 3 fundamental principles of fiduciary duty. AKA the 3 principles that give rise to fiduciary duties in a representation relationship: Trust and Confidence, Best Interests, Loyalty 8 General Obligations of REPs Exer...

RECA RESIDENTIAL EXAM ACTUAL EXAM 200 QUESTIONS AND DETAILED ANSWERS|A+ RATED| NEW 2024 Self regulation -General obligation -Care & Skill -Act honestly -Negotiate favorable terms -Maintain confidentiality -Disclose information -Act in person -Obey lawful instructions -Perform mandate Brokerage interests Interest of brokerage at odds with brokerage client Fiduciary duties -Utmost loyalty -Not to make secret profits -Maintain confidentiality -To account -Avoid and disclose confli...

RECA Residential Exam Questions And Answers 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 p...

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 i...

RECA Residential Exam 2024 Questions and Answers 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...

RECA Residential Exam QUESTIONS & ANSWERS 2023 ( A+ GRADED 100% VERIFIED)

5 C's of Borrower Credit - Answer-Character, Capital, Capacity, Collateral, Credit 5 Ds of Role Clarity - Answer-1. Discuss 2. Determine 3. Document 4. Disclose 5. Do Abandoned wells - Answer-- physical threat - allowing surface runoff to directly enter an aquifer - permitting cross contamination of different aquifers by a well bore can tell that its running dry - air bubbles in waterline - no water flow - water outages after heavy use - pump does not produce as much water as it us...

RECA Residential Exam| Study Guide with Verified and Detailed Answers|100% Correct| 2023/ 2024 Q: Cement block? Answer: Poured concrete, cement, gravel aggregate and sand. Fills blocks that are hollow but filled with mortar and reinforced with rebar. Q: Preserved wood? Answer: Load bearing walls built with treated lumber and sheathed with treated plywood. -Wood used is treated with preservative chemicals to prevent decay and layered with mortar. -Requires certification b...

RECA Residential Exam Actual Questions with 100% Correct Answers | Updated & Verified

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 ...