Alberta Real Estate Licensing Exam Practice · Question
Real estate associates in Alberta are licensed and regulated by:
RECA (Real Estate Council of Alberta) regulates real estate in Alberta.
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Question: Real estate associates in Alberta are licensed and regulated by:
Answer options:
- BCFSA ✅ RECA
- FSRA
- CREA
Correct answer: RECA
Explanation: RECA (Real Estate Council of Alberta) regulates real estate in Alberta.
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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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