RECA Fundamentals of Real Estate
Unit 4 Exam Questions & Answers
(Grade A+)
Exclusions of REIX -
correct answer ✅Activities that aren't considered to be trades In
real estate, Property title registration or conveyance activities,
Bodily injury, sicken, emotional or mental disorder, or death,
Slander, Damage to or loss of tangible property, Dishonest
fraudulent criminal or malicious acts or omission
Person info -
correct answer ✅Is any info about an individual that can be used
to identify them. Name, address
Confidentail info -
correct answer ✅Info that is not to be shared
Privacy -
correct answer ✅individuals get to decide the following regarding
their personal info
privacy principles -
correct answer ✅1. accountability
2. identify purposes
, RECA Fundamentals of Real Estate
Unit 4 Exam Questions & Answers
(Grade A+)
3. Consent
4. limiting collection
5. accuracy
6. limiting use, disclosure
7. safe guards
8. openness
10. individual access
Opt-out consent -
correct answer ✅organization presents an opportunity for an
individual to communicate non-agreement to state purpose, unless
the individual says no the organization can assume consent has
been given
Info Barries to protect clients -
correct answer ✅1. policy proceeders
2. secure files
3. security
4. accessibility
5. admin staff
Unit 4 Exam Questions & Answers
(Grade A+)
Exclusions of REIX -
correct answer ✅Activities that aren't considered to be trades In
real estate, Property title registration or conveyance activities,
Bodily injury, sicken, emotional or mental disorder, or death,
Slander, Damage to or loss of tangible property, Dishonest
fraudulent criminal or malicious acts or omission
Person info -
correct answer ✅Is any info about an individual that can be used
to identify them. Name, address
Confidentail info -
correct answer ✅Info that is not to be shared
Privacy -
correct answer ✅individuals get to decide the following regarding
their personal info
privacy principles -
correct answer ✅1. accountability
2. identify purposes
, RECA Fundamentals of Real Estate
Unit 4 Exam Questions & Answers
(Grade A+)
3. Consent
4. limiting collection
5. accuracy
6. limiting use, disclosure
7. safe guards
8. openness
10. individual access
Opt-out consent -
correct answer ✅organization presents an opportunity for an
individual to communicate non-agreement to state purpose, unless
the individual says no the organization can assume consent has
been given
Info Barries to protect clients -
correct answer ✅1. policy proceeders
2. secure files
3. security
4. accessibility
5. admin staff
