RECA Residential Study guides, Class notes & Summaries

RECA Residential Exam Latest Updated 2024 Power of Attorney - a legal document authorizing someone to act on your behalf - must be 18 - POA must be written, dated and signed by both donor and witness - donor must be mentally capable or contract is void - only effective as long as donor is alive, will takes effect once death Types of POA - General POA - has no limits on powers of the attorney  - can make all decisions regarding financial and legal affairs - exception where the donor r...

RECA Residential Exam Latest Updated 2024 Power of Attorney - a legal document authorizing someone to act on your behalf - must be 18 - POA must be written, dated and signed by both donor and witness - donor must be mentally capable or contract is void - only effective as long as donor is alive, will takes effect once death Types of POA - General POA - has no limits on powers of the attorney  - can make all decisions regarding financial and legal affairs - exception where the donor r...

RECA Residential Exam Latest Updated 2024 Power of Attorney - a legal document authorizing someone to act on your behalf - must be 18 - POA must be written, dated and signed by both donor and witness - donor must be mentally capable or contract is void - only effective as long as donor is alive, will takes effect once death Types of POA - General POA - has no limits on powers of the attorney - can make all decisions regarding financial and legal affairs - exception where the donor re...

RECA RESIDENTIAL EXAM QUESTION AND ANSWERS 100%PASS

RECA Residential Exam 2024 Guide with Verified Solutions 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 relati...

RECA RESIDENTIAL ACTUAL EXAM Question and Answers with Latest Solution As Per Marking Scheme 2024

RECA RESIDENTIAL ACTUAL EXAM Question and Answers with Latest Solution As Per Marking Scheme 2024

RECA RESIDENTIAL FUNDAMENTALS STUDY GUIDE AND FINAL EXAM 2024/ ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS/100% VERIFIED

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 undertanding in event is