PREX-1060A Exam Dumps Collection, New Study PREX-1060A Questions
PREX-1060A Exam Dumps Collection, New Study PREX-1060A Questions
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PREX-1060A Exam Dumps Collection - First-grade New Study Exam 4: Invigilated Theory Exam Questions
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Humber College Exam 4: Invigilated Theory Exam Sample Questions (Q86-Q91):
NEW QUESTION # 86
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 check the condition of the trucks and vans
- B. A clause to ensure the truck parking spaces and turning radius are sufficient
- C. A clause to obtain the necessary mortgage amount
- D. A clause to test the quality of the underground water source
Answer: B
NEW QUESTION # 87
Sometimes, transactions do not close. When a transaction won't be completed, what should a salesperson try to do as soon as possible?
- A. Terminate the transaction and disengage from it.
- B. Obtain the remuneration owed.
- C. Pass the transaction to the broker of record so that the broker will take care of it.
- D. Conduct an analysis of why the transaction will not be carried out.
Answer: D
NEW QUESTION # 88
A buyer is interested in constructing a retail building and wants to use the most efficient method to save time and money. Which statement is true with regard to tilt-up wall panels and pre-cast panels?
- A. Both tilt-up panels and pre-cast panels can lower construction costs.
- B. Pre-cast panels cost much more than tilt-up panels.
- C. Both tilt-up panels and pre-cast panels are formed off-site.
- D. Pre-cast panels are more durable than tilt-up panels.
Answer: A
NEW QUESTION # 89
Which of the following statements regarding Building Owners and Managers Association (BOMA) standards is correct?
- A. The BOMA standards provide methods of measuring office buildings only.
- B. The BOMA standards provide methods of measuring industrial buildings only.
- C. The BOMA standards provide procedures to measure rentable areas only.
- D. The BOMA standards are complex.
Answer: A
NEW QUESTION # 90
A new commercial condominium project is completed, and the buyers are given an occupancy date. On the occupancy date, a few of the buyers move into their units and begin setting up their operations. That evening, there is a severe thunderstorm. In the morning, several of the buyers start to notice roof leaks. Some of the buyers call the builder's office while others call their salespersons.Which of the following is an accurate statement regarding the building's warranty coverage?
- A. If the builder does not address this issue, the buyers can file a complaint with the provincial warranty authority for any outstanding work the builder did not complete.
- B. The buyers should draft a list of all their concerns and submit them to the municipality for appropriate coverage.
- C. There is no provincial warranty coverage for commercial condominiums, but the buyers can inquire with the builder about any warranties that they may offer.
- D. The buyers should submit their concerns to the provincial warranty authority, as they are entitled to one- year warranty coverage from the occupancy date.
Answer: C
NEW QUESTION # 91
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