Alberta Real Estate Licensing Exam Practice · Question
Which of the following activities requires an individual to be licensed under the Real Estate Act in Alberta?
Negotiating the sale of property for a fee on behalf of another qualifies as 'trading in real estate' and requires a license.
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Question: Which of the following activities requires an individual to be licensed under the Real Estate Act in Alberta?
Answer options:
- Providing general real estate market advice to friends
- Managing one's own rental property without charge ✅ Negotiating the sale of a property for a fee on behalf of another person
- Acting as a personal assistant to a licensed real estate professional without direct client contact
Correct answer: Negotiating the sale of a property for a fee on behalf of another person
Explanation: Negotiating the sale of property for a fee on behalf of another qualifies as 'trading in real estate' and requires a license.
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