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Fundementals To Realstate > Unit 2 > Flashcards

Unit 2 Flashcards

1
Q

The real estate act

A

Minister is responsible to propose changes to the act
Changes are made only by legislative process

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2
Q

The rules

A

Council can amend or create rules regarding items in section 12 of the act

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3
Q

The Bylaws

A

Council can amend or create bylaws regarding items in section 11 of the act

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4
Q

The regulations

A

Ministerial regulations established by cabinet and lieutenant governor in council
Exemption regulations established by minister responsible for the act

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5
Q

Real estate professionals licence classes

A

Brokerage
Broker
Associate broker
Associate

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Fundementals To Realstate (2 decks)

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