Alberta Real Estate Licensing Exam Practice · Question
Disclosure of remuneration earned from a referral must be:
Any referral remuneration must be disclosed in writing.
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Question: Disclosure of remuneration earned from a referral must be:
Answer options:
- Avoided ✅ Made in writing to the client
- Reported to CRA only
- Not required
Correct answer: Made in writing to the client
Explanation: Any referral remuneration must be disclosed in writing.
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- A buyer is purchasing a property for $550,000. They have secured a mortgage for $440,000. What is the Loan-to-
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