5 ds of role clarity Study guides, Class notes & Summaries

RECA Residential Exam Questions and Answers 100% Pass 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 un...

RECA Residential Exam 2024 Guide with Verified Solutions 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 relati...

RECA Residential Exam 2023 Questions and Answers RECA Residential Exam 2023 Questions and Answers Fiduciary Representation - ANSWER- Trust and confidence - Best interests - Loyalty 5 Ds of Role Clarity - ANSWER1. 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 ...

real estate relationship - Answer- .non-representative relationship .presentative relationship customer - Answer- individual or organization contacted but not engaged real estate professional non-representative relationship - Answer- limited responsibility no advice or opinion not advocate on behalf of customer representative relationship - Answer- real estate professional acts for one party to trade or potential trade on behalf of brokerage client - Answer- individual or organization e...

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...

RECA Residential Exam with Practice Questions and Expert Solutions 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 ...

RECA Residential Exam Latest Updated 2024 Power of Attorney - a legal document authorizing someone to act on your behalf - must be 18 - POA must be written, dated and signed by both donor and witness - donor must be mentally capable or contract is void - only effective as long as donor is alive, will takes effect once death Types of POA - General POA - has no limits on powers of the attorney  - can make all decisions regarding financial and legal affairs - exception where the donor r...

RECA Residential Exam 2023 Questions And Answers Fiduciary Representation - CORRECT ANSWERS - Trust and confidence - Best interests - Loyalty 5 Ds of Role Clarity - CORRECT ANSWERS 1. Discuss 2. Determine 3. Document 4. Disclose 5. Do Must disclose in writing - CORRECT ANSWERS - the nature of services provided - whether professional has entered into representation relationship with other party - any conflicts of...

RECA Residential Exam| LATEST 2023/24 WITH COMPLETE SOLUTION 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 t...

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 undertan...