Free Humber College PREX-1060A Exam Questions
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Humber College PREX-1060A Exam Questions
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Provided By: Humber College
- Exam: Exam 4: Invigilated Theory Exam
- Certification: RESP Pre-Registration Phase
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Total Questions: 122
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Updated On: Jan 28, 2025
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Rated: 4.9 |
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Online Users: 244
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Question 1
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Which of the following is a reason why an owner might consider redeveloping an industrial property?
Answer: C
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Which of the following is a reason why an owner might consider redeveloping an industrial property?
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Question 2
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A salesperson sells an office building using the Commercial Agreement of Purchase and Sale along with aschedule that lists all the fixtures, chattels, and rental items of the office building. After closing the real estatetransaction, a dispute arises between the seller and the buyer about which chattels, fixtures, and rental items ofthe office building were to be included and which were to be excluded. Which of the following is NOT anaccurate statement regarding the salesperson's actions related to negotiating chattels, fixtures, and rental items?
Answer: D
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A salesperson sells an office building using the Commercial Agreement of Purchase and Sale along with aschedule that lists all the fixtures, chattels, and rental items of the office building. After closing the real estatetransaction, a dispute arises between the seller and the buyer about which chattels, fixtures, and rental items ofthe office building were to be included and which were to be excluded. Which of the following is NOT anaccurate statement regarding the salesperson's actions related to negotiating chattels, fixtures, and rental items?
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Question 3
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When discussing the sale of a business and establishing the asking price, there are questions a salesperson
must ask the owner. Which of the following is one of them?
Answer: D
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When discussing the sale of a business and establishing the asking price, there are questions a salesperson
must ask the owner. Which of the following is one of them?
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Question 4
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When discussing the sale of a business and establishing the asking price, there are questions a salesperson
must ask the owner. Which of the following is one of them?
Answer: D
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When discussing the sale of a business and establishing the asking price, there are questions a salesperson
must ask the owner. Which of the following is one of them?
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Question 5
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A salesperson sells an office building using the Commercial Agreement of Purchase and Sale along with aschedule that lists all the fixtures, chattels, and rental items of the office building. After closing the real estatetransaction, a dispute arises between the seller and the buyer about which chattels, fixtures, and rental items ofthe office building were to be included and which were to be excluded. Which of the following is NOT anaccurate statement regarding the salesperson's actions related to negotiating chattels, fixtures, and rental items?
Answer: D
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A salesperson sells an office building using the Commercial Agreement of Purchase and Sale along with aschedule that lists all the fixtures, chattels, and rental items of the office building. After closing the real estatetransaction, a dispute arises between the seller and the buyer about which chattels, fixtures, and rental items ofthe office building were to be included and which were to be excluded. Which of the following is NOT anaccurate statement regarding the salesperson's actions related to negotiating chattels, fixtures, and rental items?