Alberta Real Estate Licensing Exam Practice · Question
A real estate associate is selling their own primary residence in Lethbridge. They list the property under their brokerage. Which of the following advertising disclosures is required and must be prominently displayed as per RECA's Advertising Rules?
RECA's Advertising Rules require that when a licensee is selling or leasing their own property, or a property in which they have a direct or indirect interest,
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Question: A real estate associate is selling their own primary residence in Lethbridge. They list the property under their brokerage. Which of the following advertising disclosures is required and must be prominently displayed as per RECA's Advertising Rules?
Answer options: ✅ The advertising must clearly state that the seller is a licensed real estate associate.
- The advertising must state the associate's commission rate is negotiable.
- The advertising must include a disclaimer stating that the property is 'For Sale By Owner with agent support'.
- No special disclosure is required if the property is listed through their brokerage.
Correct answer: The advertising must clearly state that the seller is a licensed real estate associate.
Explanation: RECA's Advertising Rules require that when a licensee is selling or leasing their own property, or a property in which they have a direct or indirect interest, the advertising must clearly and prominently disclose that the seller or lessor is a licensed real estate professional.
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