HUMBER COLLEGE PREX-1060A TEST DATES | SURE PREX-1060A PASS

Humber College PREX-1060A Test Dates | Sure PREX-1060A Pass

Humber College PREX-1060A Test Dates | Sure PREX-1060A Pass

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Tags: PREX-1060A Test Dates, Sure PREX-1060A Pass, PREX-1060A Guide, Valid PREX-1060A Exam Question, PREX-1060A 100% Correct Answers

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Humber College Exam 4: Invigilated Theory Exam Sample Questions (Q92-Q97):

NEW QUESTION # 92
When discussing economic considerations, interest rates, government policies, and infrastructure specific to industrial properties, why are investors attracted to industrial properties?

  • A. Higher mortgage interest rates will provide a better return on investment.
  • B. Good transportation and distribution corridors do not matter to industrial investors and their tenants.
  • C. Industrial properties have a number of large, credit-worthy tenants and long-term leases.
  • D. Industrial properties have a lower capital gains tax at disposition.

Answer: C


NEW QUESTION # 93
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. The buyers should draft a list of all their concerns and submit them to the municipality for appropriate coverage.
  • B. The buyers should submit their concerns to the provincial warranty authority, as they are entitled to one- year warranty coverage from the occupancy date.
  • 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. 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.

Answer: C


NEW QUESTION # 94
Which of the following is NOT determined by zoning bylaws?

  • A. Lot dimensions and parking requirements
  • B. The types of buildings that are permitted in a location, their height, and how they may be used
  • C. The amount of rent a building may generate
  • D. Where buildings and other structures may be located

Answer: C


NEW QUESTION # 95
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 # 96
A salesperson is representing a tenant client who is opening a new pet food store in a local strip plaza. The salesperson meets with their tenant to discuss display signage and review the guidelines in their commercial lease agreement. Which statement is NOT accurate regarding the commercial lease agreement's signage clause?

  • A. The tenant's signage shall be immediately removed at the end of their lease term(s) at the tenant's expense.
  • B. The tenant's signage is considered a trade fixture and shall remain the tenant's property.
  • C. The tenant's signage, from approvals to installation and ongoing maintenance, shall be at thetenant's own expense.
  • D. The tenant's signage must be approved by the municipality and the landlord, and all associated costs shall be paid by the landlord.

Answer: D


NEW QUESTION # 97
......

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