In today's Question of the day, we tackle a question relating to condominiums.

Multiple-choice question: What is the purpose of the Reserve Fund? a. To cover shortfalls in the annual budget b. To pay for ongoing maintenance expenses c. To pay for the repair and replacement of major capital items d. To help unit owners who cannot pay their monthly condo fees

Put your answer in the comments and let's see if you got it right!

Download my FREE checklist on How To Become A Real Estate Agent in Alberta: http://eepurl.com/cUfPsr

For more support with passing your Alberta Real Estate exam, I invite you to visit: www.albertarealestateschool.com

Podcast http://albertarealestatetutor.libsyn.com/

Connect with me through the following:

Facebook Page: https://www.facebook.com/AlbertaRealEstateSchool/

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In today's Question of the day, we tackle the question about condo real property report.

Multiple-choice question: Which type of condominiums have a real property report? a. Bare land condominium b. Conventional condominium c. Barely blended condominium d. All of the above

Put your answer in the comments and let's see if you got it right!

Download my FREE checklist on How To Become A Real Estate Agent in Alberta: http://eepurl.com/cUfPsr

For more support with passing your Alberta Real Estate exam, I invite you to visit: www.albertarealestateschool.com

Podcast http://albertarealestatetutor.libsyn.com/

Connect with me through the following:

Facebook Page: https://www.facebook.com/AlbertaRealEstateSchool/

Join The Community: https://www.facebook.com/groups/BecomeARealEstateAgentInAlberta/

In this episode, we're going to take a look at the different types of insurance that you might need if you become a realtor in Alberta.

Download my FREE checklist on How To Become A Real Estate Agent in Alberta: http://eepurl.com/cUfPsr

For more support with passing your Alberta Real Estate exam, I invite you to visit: www.albertarealestateschool.com

Connect with me through the following links:

Facebook Business Page: https://www.facebook.com/AlbertaRealEstateSchool/

Facebook Group: https://www.facebook.com/groups/BecomeARealEstateAgentInAlberta/

Contact number: 587-936-7779

In today's Question of the day, we differentiate the types of property values.

Multiple-choice question: The statement "The expected value of the property exposed to the market for a reasonable period of time involving informed buyers and sellers" describes? a. Asking Price b. Sale Price c. Market Value e. Assessed Value

Put your answer in the comments and let's see if you got it right!

Download my FREE checklist on How To Become A Real Estate Agent in Alberta: http://eepurl.com/cUfPsr

For more support with passing your Alberta Real Estate exam, I invite you to visit: www.albertarealestateschool.com

Podcast http://albertarealestatetutor.libsyn.com/

Connect with me through the following:

Facebook Page: https://www.facebook.com/AlbertaRealEstateSchool/

Join The Community: https://www.facebook.com/groups/BecomeARealEstateAgentInAlberta/

In today's Question of the day, we differentiate the types of sale prices.

Multiple-choice question: Tina, a real estate professional, while doing research for her seller client, finds out that $350,000 is the most frequent sale price in her neighbourhood. What is this number called? a. The mean sale price b. The average sale price c. The median sale price e. The mode sale price

Put your answer in the comments and let's see if you got it right!

Download my FREE checklist on How To Become A Real Estate Agent in Alberta: http://eepurl.com/cUfPsr

For more support with passing your Alberta Real Estate exam, I invite you to visit: www.albertarealestateschool.com

Podcast http://albertarealestatetutor.libsyn.com/

Connect with me through the following:

Facebook Page: https://www.facebook.com/AlbertaRealEstateSchool/

Join The Community: https://www.facebook.com/groups/BecomeARealEstateAgentInAlberta/

In this episode, I'm going to discuss the water act and rights in Alberta.

Download my FREE checklist on How To Become A Real Estate Agent in Alberta: http://eepurl.com/cUfPsr

For more support with passing your Alberta Real Estate exam, I invite you to visit: www.albertarealestateschool.com

Connect with me through the following links:

Facebook Business Page: https://www.facebook.com/AlbertaRealEstateSchool/

Facebook Group: https://www.facebook.com/groups/BecomeARealEstateAgentInAlberta/

In today's Question of the day, we discuss the government rights that supersede property rights.

Multiple-choice question: The limitations to the rights of property ownership include? a. The right of the government to impose property taxes b. The right of the government to expropriate the land for public good c. The right of the government to establish laws to regulate the use of the land e. All of the above

Put your answer in the comments and let's see if you got it right!

Download my FREE checklist on How To Become A Real Estate Agent in Alberta: http://eepurl.com/cUfPsr

For more support with passing your Alberta Real Estate exam, I invite you to visit: www.albertarealestateschool.com

Podcast http://albertarealestatetutor.libsyn.com/

Connect with me through the following:

Facebook Page: https://www.facebook.com/AlbertaRealEstateSchool/

Join The Community: https://www.facebook.com/groups/BecomeARealEstateAgentInAlberta/

In today's Question of the day, we are going to tackle a question on the Bundle of Rights of real property ownership.

Multiple-choice question: Sam Lee helps his client Amy buy her first home. Amy asks him about her rights that come with real property ownership. These include? a. The right to rent her place b. The right to possession, enjoyment and use of the property c. The right to sell the property e. All of the above

Put your answer in the comments and let's see if you got it right!

Download my FREE checklist on How To Become A Real Estate Agent in Alberta: http://eepurl.com/cUfPsr

For more support with passing your Alberta Real Estate exam, I invite you to visit: www.albertarealestateschool.com

Podcast http://albertarealestatetutor.libsyn.com/

Connect with me through the following:

Facebook Page: https://www.facebook.com/AlbertaRealEstateSchool/

Join The Community: https://www.facebook.com/groups/BecomeARealEstateAgentInAlberta/

In this episode, I'm going to discuss - What are the bundle of rights about the property and what kind of questions you might see related to this topic.

Download my FREE checklist on How To Become A Real Estate Agent in Alberta: http://eepurl.com/cUfPsr

For more support with passing your Alberta Real Estate exam, I invite you to visit: www.albertarealestateschool.com

Connect with me through the following links:

Facebook Business Page: https://www.facebook.com/AlbertaRealEstateSchool/

Facebook Group: https://www.facebook.com/groups/BecomeARealEstateAgentInAlberta/

In today's Question of the day, we are going to see when should a Reserve Fund Study be completed.

Multiple-choice question: Reserve Fund Study must be completed a. Within 2 years for a new condominium and every 5 years after that b. Within 3 years for a new condominium and every 5 years after that c. Within 5 years for a new condominium and every 3 years after that c. Within 2 years for a new condominium and every 7 years after that

Put your answer in the comments and let's see if you got it right!

Download my FREE checklist on How To Become A Real Estate Agent in Alberta: http://eepurl.com/cUfPsr

For more support with passing your Alberta Real Estate exam, I invite you to visit: www.albertarealestateschool.com

Podcast http://albertarealestatetutor.libsyn.com/

Connect with me through the following:

Facebook Page: https://www.facebook.com/AlbertaRealEstateSchool/

Join The Community: https://www.facebook.com/groups/BecomeARealEstateAgentInAlberta/