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2025 PREX-1060A: Realistic Instant Exam 4: Invigilated Theory Exam Download 100% Pass Quiz

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Humber College Exam 4: Invigilated Theory Exam Sample Questions (Q58-Q63):

NEW QUESTION # 58
A salesperson is assisting both the tenant and the landlord in a commercial property rentaltransaction. Which of the following statements about calculating the remuneration for this transaction is correct?

A. The tenant may be required to pay the deficiency between the contracted amount in the tenant representation agreement and the amount actually paid by the landlord.
B. Remuneration can be an agreed amount or a percentage of the rental price, but not a combination of both.
C. Remuneration can be calculated based on the difference between the listing price and the actual rental price.
D. Salespersons are prohibited from indicating directly that remuneration is fixed by any association but can indicate it indirectly.

Answer: A

NEW QUESTION # 59
A salesperson discusses with a buyer the potential advantages of purchasing brownfields for redevelopment.
What is NOT an advantage for the buyer of a brownfield property?

A. The contaminants in brownfields contain precious metals that can be sold to earn additional income.
B. Brownfield properties typically have the advantage of existing infrastructure such as roads, utilities, water/sewer servicing, schools, and transit facilities.
C. An owner who rehabilitates a brownfield property can receive tax incentives.
D. Brownfield properties can often be purchased at well below their potential market value.

Answer: A

NEW QUESTION # 60
What should a salesperson do if they are unable to secure documentation to verify the usable and rentable areas of a property?

A. Recommend that the landlord obtain the professional services of a measuring company to obtain the figures
B. Use the R/U factor to calculate the figures
C. Use a laser measuring tool to take the measurements and use the R/U factor to calculate the figures
D. Use a laser measuring tool to take the measurements

Answer: A

NEW QUESTION # 61
A buyer wants to purchase an industrial property for its international logistics and distribution center.
Currently, the building is used by a local courier company with small delivery trucks and vans. When drafting an offer to purchase this property, which of the following should be added regarding this change of use?

A. A clause to obtain the necessary mortgage amount
B. A clause to ensure the truck parking spaces and turning radius are sufficient
C. A clause to test the quality of the underground water source
D. A clause to check the condition of the trucks and vans

Answer: B

NEW QUESTION # 62
Utility requirements are different for retail, office, and industrial properties, and a salesperson should understand the utility needs of each client. Which of the following items is NOT required bya typical occupant of a retail space?

A. A high voltage and ampere supply
B. A proper ventilation system
C. A stable internet connection
D. Sufficient lighting

Answer: A

NEW QUESTION # 63
......

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