RECA Residential Exam Questions and Answers 100% Pass

RECA Residential Exam Questions and Answers 100% Pass
Question 1: What are the key elements of fiduciary
representation?
CORRECT ANSWER: Trust and confidence, best interests,
loyalty
Question 2: What are the 5 Ds of Role Clarity?
CORRECT ANSWER: 1. Discuss 2. Determine 3. Document 4.
Disclose 5. Do
Question 3: What must be disclosed in writing according to the
guidelines?
CORRECT 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

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