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What To Expect On Your Practice Of Residential Real Estate Exam (Alberta)

Alberta Real Estate Tutor

Release Date: 07/23/2025

Straight From The Parking Lot Of Victory! show art Straight From The Parking Lot Of Victory!

Alberta Real Estate Tutor

Straight from the parking lot of victory! 🚗✅ One of our amazing students just crushed the Practice of Mortgage exam—and couldn’t wait to jump on our Live Q&A Zoom to share his excitement. His words? “I was over-prepared. The exam felt easy after going through the Alberta Real Estate School’s Study Guide.” 💪 📚 We love seeing students succeed—and even more when they feel confident walking in and walking out! 💡 Study smart. Get support. Pass with confidence. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing...

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What Is Fee Simple Ownership? (Alberta Real Estate Explained) show art What Is Fee Simple Ownership? (Alberta Real Estate Explained)

Alberta Real Estate Tutor

What does “fee simple” really mean in Alberta real estate? It’s the most common form of land ownership — but students often get confused by the legal wording. In this quick explainer, we cover: What fee simple ownership means under Alberta’s Land Titles Act  Why it’s considered the highest form of land ownership The difference between fee simple and other types of interests (like leasehold or life estate) What rights a fee simple owner has — and what restrictions can still apply (like zoning and easements)   💡 If you’re studying for the RECA exam or just trying to...

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Alberta Real Estate Tutor

Exercise care and skill” — sounds simple, right? But what does it really mean in day-to-day real estate practice in Alberta? In this video, we break it down: What RECA expects when it comes to this general obligation Examples of how a realtor demonstrates care and skill in their work Common mistakes that show lack of care — and could lead to complaints Why it matters for consumer protection and your reputation 💡 Whether you’re studying for the RECA exam or starting your real estate career, this is one of the most important obligations to understand. ✔️ Subscribe to The Alberta...

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Alberta Real Estate Tutor

As a mortgage broker, how well do you understand the appraisal process? It’s not just a formality — a low appraisal can kill a deal or reduce the mortgage amount your client qualifies for.   In this video, we cover:   What an appraisal actually is (and who orders it)   What happens when the appraisal comes in lower than the purchase price   The difference between lender-ordered vs. client-ordered appraisals   Why understanding appraisals is critical to protect your clients and keep deals on track   💡 Whether you’re preparing for your RECA mortgage exam or...

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Alberta Real Estate Tutor

Does the owner of a real estate brokerage in Alberta need to be a licensed broker? The short answer: No. But the long answer explains how it actually works behind the scenes. 🏢   In this video, we break down:   The difference between a brokerage owner and a real estate broker   Why the broker of record must hold a broker licence, but the owner does not   How RECA regulates brokerages and who’s legally responsible   Real-world examples: investors or business owners who operate the company but hire a broker to manage operations and compliance   💡 This is key...

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Transfer vs Assignment of Mortgage in Alberta – What’s the Difference? show art Transfer vs Assignment of Mortgage in Alberta – What’s the Difference?

Alberta Real Estate Tutor

Transfer of mortgage” and “assignment of mortgage” — aren’t they the same thing? Not in Alberta! And knowing the difference could save you (or your clients) from making the wrong assumptions. 🏦 In this quick explainer, we cover: The definition of both transfer and assignment How assignment of mortgage is typically used in Alberta Who typically initiates each, and what each one allows 💡 Perfect for RECA students and real-world agents who want clarity on mortgage terms and legal processes in Alberta. ✔️ Subscribe to The Alberta Real Estate School for more exam prep, legal...

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Set Smarter Goals in Real Estate Using This Formula! show art Set Smarter Goals in Real Estate Using This Formula!

Alberta Real Estate Tutor

Want to hit your next target in real estate — whether it's 5 listings, more buyers, or passing your RECA exam? Use SMART goals. Here’s what that actually means 👇 🎯 SMART Breakdown: S — Specific “Know exactly what you want. Not ‘more business’ — say ‘3 new listings this month.’” M — Measurable “If you can’t track it, you can’t hit it. Add numbers.” A — Achievable “Push yourself — but keep it realistic. You’re building momentum, not chasing unicorns.” R — Relevant “Make sure it aligns with what really matters — your real estate goals, not...

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Representing Family in Real Estate? You MUST Disclose This! show art Representing Family in Real Estate? You MUST Disclose This!

Alberta Real Estate Tutor

Are you helping a family member buy or sell real estate? As a licensed agent in Alberta, there’s one major rule you must follow: disclose your relationship to the other party — in writing. 🛑   In this quick video, you’ll learn:   Why representing a family member creates a conflict of interest   What RECA and the Real Estate Act require   How and when to disclose — so you stay compliant   What happens if you don’t disclose properly (spoiler: it’s not good)   💡 Whether it’s your spouse, parent, sibling, or child — disclosure is mandatory to...

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Lead Times in Real Estate Contracts: How Much Time Is Enough? show art Lead Times in Real Estate Contracts: How Much Time Is Enough?

Alberta Real Estate Tutor

When you write a real estate offer, how much time should you give for conditions and conveyancing? It’s a question that trips up new agents — and one that really matters when you’re on deadline. ⏳  In this video, we cover: What a typical lead time looks like in Alberta purchase contracts How long to allow for financing, condo doc review, inspections, and lawyer conveyancing The risk of setting timelines too tight How to write offers that give everyone time to succeed — without stalling the deal 💡 A smart contract timeline reduces stress and helps you waive conditions with...

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Is a Land Title Private in Alberta? The Answer Might Surprise You! show art Is a Land Title Private in Alberta? The Answer Might Surprise You!

Alberta Real Estate Tutor

Can someone pull your land title without permission? Short answer: yes — anyone can. In this video, we break down: Why land titles are public record in Alberta What kind of information is visible on a land title (owner name, legal description, liens, etc.) How this applies in real-life situations — like renting a basement suite Why a potential renter might request it — and why you can’t stop them from getting it themselves 🔐 Spoiler: Land ownership in Alberta is not private, and titles can be pulled online for a small fee. 💡 This is a key concept for RECA students and property...

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What To Expect On Your Practice Of Residential Real Estate Exam (Alberta)

Want to become a licensed residential real estate professional in Alberta?

This video walks you through the Practice of Residential Real Estate Exam, so you know exactly what to expect.

✔️ Format and structure of the exam

✔️ What topics to study

✔️ Time limits and scoring

✔️ Real-world tips to prepare

✔️ What to bring on exam day

✔️ What’s next after passing

 

📌 Subscribe for more tips on succeeding in Alberta’s residential real estate industry.

📩 Got questions? Ask away in the comments! 

Start your career in Real Estate today!

Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

💯 We train tomorrow's top Real Estate Agents and Mortgage Associates in Alberta! 🔥

💻: www.albertarealestateschool.com

📞: 587-936-7779

 

 

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