Free Humber College PREX-1060A Exam Questions

Absolute Free PREX-1060A Exam Practice for Comprehensive Preparation 

  • Humber College PREX-1060A Exam Questions
  • Provided By: Humber College
  • Exam: Exam 4: Invigilated Theory Exam
  • Certification: RESP Pre-Registration Phase
  • Total Questions: 122
  • Updated On: Dec 07, 2025
  • Rated: 4.9 |
  • Online Users: 244
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  • Question 1
    • Both the landlord and the tenant have responsibilities in the management of their relationship as per the commercial lease agreement. Which of the following is NOT an accurate statement regarding the roles and responsibilities of landlords and tenants as per the Commercial Agreement to Lease? 


      Answer: B
  • Question 2
    • A buyer client is discussing zoning bylaws of the municipality in relation to an industrial development site with their salesperson. Which of the following is NOT a correct statement with respect to zoning bylaws?


      Answer: B
  • Question 3
    • A salesperson sells an office building using the Commercial Agreement of Purchase and Sale along with a

      schedule that lists all the fixtures, chattels, and rental items of the office building. After closing the real estate

      transaction, a dispute arises between the seller and the buyer about which chattels, fixtures, and rental items of

      the office building were to be included and which were to be excluded. Which of the following is NOT an

      accurate statement regarding the salesperson's actions related to negotiating chattels, fixtures, and rental items?


      Answer: D
  • Question 4
    • Which of the following is a characteristic of main street retail? 

      Answer: A
  • Question 5
    • Which of the following is most likely to be a factor in an appraisal for an industrial property? 

      Answer: D
PAGE: 1 - 25
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