Reca fundamentals Study guides, Class notes & Summaries
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RECA Fundamentals Exam | 100% Correct Answers | Verified | Latest 2024 Version
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RECA Fundamentals Exam | 100% Correct 
Answers | Verified | Latest 2024 Version
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RECA Fundamentals Exam Questions And Answers Rated A+
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1. Principal of Balance - Answer-value is created and sustained where there is equilibrium 
10. Principal of Substitution - Answer-a buyer will pay no more for a property than the cost of acquiring a 
similar and equally desirable property 
11. Principal of Contribution - Answer-value of a property attribute relates to the value it adds to the 
overall value of the property. basis by which adjustments are made to the sale prices of comparable 
properties 
12. Principal of Progression - Answer-pr...
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RECA Fundamentals Exam; Questions and Answers 100% Solved
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RECA Fundamentals Exam; Questions and 
Answers 100% Solved 
Which of the following is NOT a RECA educational resource for industry professionals? 
 Correct answer Spatial Information System (Spin 2) 
Which entity has the authority to amend the Real Estate Act Correct answer Provincial 
Legislature 
Which of the following measures the change in a cost of a fixed basket of goods and services 
purchased by families over a period of time Correct answer Consumer Price Index (CPI) 
Which of the fo...
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RECA Fundamentals Exam Study Questions and Answers 2024/2025
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RECA Fundamentals Exam Study Questions and Answers 2024/2025 
RECA Fundamentals Exam Study Questions and Answers 2024/2025 
RECA Fundamentals Exam Study Questions and Answers 2024/2025
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RECA Fundamentals Exam Questions and Answers Already Passed LATEST 2024.
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RECA Fundamentals Exam Questions and Answers Already Passed LATEST 2024.RECA Fundamentals Exam Questions and Answers Already Passed LATEST 2024.RECA Fundamentals Exam Questions and Answers Already Passed LATEST 2024.RECA Fundamentals Exam Questions and Answers Already Passed LATEST 2024.RECA Fundamentals Exam Questions and Answers Already Passed LATEST 2024.RECA Fundamentals Exam Questions and Answers Already Passed LATEST 2024.RECA Fundamentals Exam Questions and Answers Already Passed LATEST 2...
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RECA FUNDAMENTALS EXAM 2023/2024 REAL AND ACCURATE QUESTIONS WITH EXPERT VERIFIED ANSWERS GUARANTEED PASS
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RECA FUNDAMENTALS EXAM 2023/2024 REAL AND ACCURATE QUESTIONS WITH EXPERT VERIFIED ANSWERS GUARANTEED PASS
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RECA Fundamentals Study Guide; Questions and Answers 100% Solved
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RECA Fundamentals Study Guide; Questions and 
Answers 100% Solved 
duty-based ethics Correct answer Individual is expected to do the right thing cause it's 
the right thing to do, regardless of outcome 
utalitarian ethics Correct answer Sells the optimal result for the greatest number of 
people 
Advisory note Correct answer Punishment for a technical breach 
Administrative penalty/ fine Correct answer One or two potentially serious infraction 
would cause this punishment 
Ratification- act...
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RECA Fundamentals Study Guide 2024 Questions And Answers Graded A+
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duty-based ethics Individual is expected to do the right thing cause it's the right thing to do, regardless of outcome 
 
utalitarian ethics Sells the optimal result for the greatest number of people 
 
Advisory note Punishment for a technical breach 
 
Administrative penalty/ fine One or two potentially serious infraction would cause this punishment 
 
Ratification- acting without authority or in excess of authority 
Implication- advice outside of objective These two ways of creating ...
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RECA FUNDAMENTALS EXAM 2024 REAL AND ACCURATE QUESTIONS WITH EXPERT VERIFIED ANSWERS GUARANTEED PASS
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RECA FUNDAMENTALS EXAM 
Which privacy legislation affects how Alberta real estate professionals handle client information? 
Privacy Information Act 
Right to Personal Privacy Act 
Personal Information Protection Act 
Personal Information Protection and Electronic Documents Act 
A) Statements I and II 
B)	Statements I and IV 
C)	Statements II and III 
D)	Statements III and IV 
D 
When the licence of a real estate brokerage is suspended, what actions must real estate professionals who ar...
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RECA Fundamentals Exam || With Questions & 100% Correct Solutions
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RECA Fundamentals Exam || With Questions & 100% Correct Solutions 
RECA Fundamentals Exam || With Questions & 100% Correct Solutions 
 
Which of the following is NOT a RECA educational resource for industry professionals? - ANSWER - Spatial Information System (Spin 2) 
 
Which entity has the authority to amend the Real Estate Act - ANSWER - Provincial Legislature 
 
Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of...
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