Reca residential 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...

RECA RESIDENTIAL EXAM 2023-2024 ACTUAL EXAM 200 QUESTIONS AND DETAILED ANSWERS|AGRADE

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...

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 undertandin...

Reca – Residential Exam Questions and Answers 2024 Self regulation -Answer--General obligation -Care & Skill -Act honestly -Negotiate favorable terms -Maintain confidentiality -Disclose information -Act in person -Obey lawful instructions -Perform mandate Brokerage interests -Answer-Interest of brokerage at odds with brokerage client Fiduciary duties -Answer--Utmost loyalty -Not to make secret profits -Maintain confidentiality -To account -Avoid and disclose conflicts of interes...

RECA Residential Exam | Questions – 100% Correctly Answered and Graded A+ | Latest 2024 RECA Residential Exam | Questions – 100% Correctly Answered and Graded A+ | Latest 2024 RECA Residential Exam | Questions – 100% Correctly Answered and Graded A+ | Latest 2024

General Power of Attorney - ANSWER -No limits on powers to make decisions about donors financial and legal affairs -The one exception is decisions about the donors personal affairs such as consenting to health care or deciding where the donor should reside Special Power of Attorney - ANSWER -Has specific of limited powers in regards to the donor -Also referred to as a Limited Power of Attorney Immediate Power of Attorney - ANSWER -Makes financial and legal decisions on behalf of the ...

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...