RECA (latest version verified for
accuracy) (Questions + Answers)
Solved 100% Correct!!
Which of the following may RECA amend from time to time?
A) The Act
B) The Rules
C) The Regulations
D) All the statements are correct -
correct answer ✅B
According to the Act, which of the following statements apply if an
industry professional whose conduct is subject to disciplinary
proceedings make application to withdraw from the profession?
A) If the application is approved, RECA issues a news release
B) If the application is approved, all disciplinary proceedings are
terminated
C) If the application is approved, it is a lifetime ban from all industry
professions governed by RECA
D) All the statements are correct -
correct answer ✅D
According to the Rules, which of the following statements is correct
regarding written service agreements?
,RECA (latest version verified for
accuracy) (Questions + Answers)
Solved 100% Correct!!
A) Written service agreements must clearly indicate the names of
all parties to the agreement
B) All industry professionals are required to have written service
agreements in place with all clients
C) If a client refuses to sign a written service agreement, the
industry professional must refuse services to that client
D) All the statements are correct -
correct answer ✅A
A real estate professional's authorization to trade in real estate
expired on September 30. However, the real estate professional
continued to show properties on behalf of a property management
company for which she received compensation. Given her actions
breached a section of the Rules and were deemed to be potentially
serious, which of the following disciplinary outcomes would the
real estate professional receive?
A) Consent Agreement
B) Letter of Reprimand
C) Temporary Suspension
D) Administrative Penalty -
correct answer ✅D
,RECA (latest version verified for
accuracy) (Questions + Answers)
Solved 100% Correct!!
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 -
correct answer ✅D
When the licence of a real estate brokerage is suspended, what
actions must real estate professionals who are registered with the
brokerage take?
A) They must cease to trade in real estate
B) They must cancel their authorization with RECA
, RECA (latest version verified for
accuracy) (Questions + Answers)
Solved 100% Correct!!
C) They must apply for withdrawal from the profession
D) They must become registered with another brokerage -
correct answer ✅A
Which of the following Professional Conduct Review outcomes is
issued as a practice guideline for a technical breach of the
legislation?
A) Advisory Note
B) Production Order
C) Letter of Reprimand
D) Administrative Penalty -
correct answer ✅A
Mary, a real estate professional registered with ABC Real Estate
Brokerage, has agreed to purchase her neighbour's ranch. The seller
of the property is not represented by a real estate professional.
What level of disclosure does Mary need to provide?
A) Disclosure level 1
B) Disclosure level 2
C) Disclosure level 3
accuracy) (Questions + Answers)
Solved 100% Correct!!
Which of the following may RECA amend from time to time?
A) The Act
B) The Rules
C) The Regulations
D) All the statements are correct -
correct answer ✅B
According to the Act, which of the following statements apply if an
industry professional whose conduct is subject to disciplinary
proceedings make application to withdraw from the profession?
A) If the application is approved, RECA issues a news release
B) If the application is approved, all disciplinary proceedings are
terminated
C) If the application is approved, it is a lifetime ban from all industry
professions governed by RECA
D) All the statements are correct -
correct answer ✅D
According to the Rules, which of the following statements is correct
regarding written service agreements?
,RECA (latest version verified for
accuracy) (Questions + Answers)
Solved 100% Correct!!
A) Written service agreements must clearly indicate the names of
all parties to the agreement
B) All industry professionals are required to have written service
agreements in place with all clients
C) If a client refuses to sign a written service agreement, the
industry professional must refuse services to that client
D) All the statements are correct -
correct answer ✅A
A real estate professional's authorization to trade in real estate
expired on September 30. However, the real estate professional
continued to show properties on behalf of a property management
company for which she received compensation. Given her actions
breached a section of the Rules and were deemed to be potentially
serious, which of the following disciplinary outcomes would the
real estate professional receive?
A) Consent Agreement
B) Letter of Reprimand
C) Temporary Suspension
D) Administrative Penalty -
correct answer ✅D
,RECA (latest version verified for
accuracy) (Questions + Answers)
Solved 100% Correct!!
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 -
correct answer ✅D
When the licence of a real estate brokerage is suspended, what
actions must real estate professionals who are registered with the
brokerage take?
A) They must cease to trade in real estate
B) They must cancel their authorization with RECA
, RECA (latest version verified for
accuracy) (Questions + Answers)
Solved 100% Correct!!
C) They must apply for withdrawal from the profession
D) They must become registered with another brokerage -
correct answer ✅A
Which of the following Professional Conduct Review outcomes is
issued as a practice guideline for a technical breach of the
legislation?
A) Advisory Note
B) Production Order
C) Letter of Reprimand
D) Administrative Penalty -
correct answer ✅A
Mary, a real estate professional registered with ABC Real Estate
Brokerage, has agreed to purchase her neighbour's ranch. The seller
of the property is not represented by a real estate professional.
What level of disclosure does Mary need to provide?
A) Disclosure level 1
B) Disclosure level 2
C) Disclosure level 3
