PREX-1060A無料問題集「Humber College Exam 4: Invigilated Theory」

質問 1

A salesperson negotiates the purchase of a retail property for their client, who plans to open a new store at this location. The client asks the salesperson how many parking spots the property will be required to have to meet the zoning requirements. The salesperson replies that the municipality has zoning requirements that set the minimum parking ratio. How will the municipality calculate the parking ratio?

（A）The municipality will take the number of available parking spaces and divide it by the property's gross leasable area.

（B）The municipality will take the number of available parking spaces and divide it by the property's net leasable area.

（C）The municipality will take the number of available parking spaces and divide it by the projected number of monthly visitors.

（D）The municipality will take the property's gross leasable area and divide it by the number of available parking spaces.

正解：D 解答を投票する

質問 2

A seller provides you with architectural drawings of their building. Which statement is NOT correct?

（A）If changes are made to source documents, they are still valid if you have the original document.

（B）Architectural drawings are source documents.

（C）A photocopy of a source document can be used to verify information.

（D）Other types of source documents include surveys and tax records.

正解：A 解答を投票する

質問 3

Which of the following is a correct statement regarding a design-build arrangement in commercial real estate?

（A）A design-build arrangement requires the buyer to acquire suitable land and construct a building themselves.

（B）A design-build arrangement means the buyer will only buy the property if the landowner builds a building to the buyer's specifications.

（C）A design-build arrangement is commonly associated with a seller's market.

（D）A design-build arrangement is a sale/leaseback arrangement.

正解：B 解答を投票する

質問 4

Many industrial users install one or more cranes on their properties to move heavy items. Which type of industrial crane has an arm attached at an angle to a rotating mast that permits 360-degree swiveling around that mast?

（A）Jib crane

（B）Gantry crane

（C）Bridge crane

（D）Overhead crane

正解：A 解答を投票する

質問 5

A lender completes a financial statement analysis and calculation on various ratios that would indicate the financial performance of the commercial building. Which of the following is NOT correct?

（A）The investor is afforded the opportunity to enhance yield.

（B）Lenders will apply various financial ratios to get a solid understanding of the business's performance and the ability of the borrower to service debt.

（C）It does not matter; mortgaging does not affect cash flow and yields.

（D）The success of ventures often rests in the availability and suitability of financing.

正解：C 解答を投票する

質問 6

Examples of properties which would warrant a Phase 2 environmental assessment may include heavy industrial sites. Which of the following is NOT an example of a heavy industrial use?

（A）Power stations

（B）Computer training institute

（C）Petroleum storage and distribution sites

（D）Chemical manufacturers

正解：B 解答を投票する

質問 7

A buyer is purchasing a farm and all the animals are included in the sale price. The buyer is worried the animals could become infected with disease prior to closing, so the salesperson inserts a clause in the agreement of purchase and sale to address that issue. Which of the following should NOT be included in the clause to protect the buyer?

（A）State that the seller will continue the day-to-day farm operations until closing.

（B）State that the buyer is assuming all animals on an "as is" basis.

（C）A condition requiring a check-up of each animal by a predetermined veterinarian during due diligence.

（D）The number of animals based on type, gender, and health; if the number is not the same at closing, the price will be adjusted.

正解：B 解答を投票する

質問 8

A salesperson representing a client who is selling an office property has received some documents from the seller and is trying to organize them. Which of the following documents is NOT needed by the salesperson or seller when selling the property?

（A）Private mortgage form

（B）Environmental site assessments

（C）Telephone bills

（D）Income verification documents

正解：C 解答を投票する

質問 9

If a property in Ontario is assessed and valued as farmland by the Municipal Property Assessment Corporation (MPAC), the farmer could receive a 75% tax reduction for municipal taxes if certain conditions are met. Which of the following describes a condition that must be met?

（A）They are Canadian citizens or permanent residents of Canada.

（B）They carry on a farming business generating a net profit of $100,000.

（C）They submit the appropriate application semi-annually.

（D）They have a valid harmonized sales tax (HST) registration number under the Excise Tax Act.

正解：D 解答を投票する

質問 10

Which of the following is NOT determined by zoning bylaws?

（A）Where buildings and other structures may be located

（B）The amount of rent a building may generate

（C）The types of buildings that are permitted in a location, their height, and how they may be used

（D）Lot dimensions and parking requirements

正解：B 解答を投票する

PREX-1060A 無料問題集「Humber College Exam 4: Invigilated Theory」

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