HUMBER COLLEGE PREX-1060A VALID VCE DUMPS & PREX-1060A SAMPLE QUESTIONS ANSWERS

Humber College PREX-1060A Valid Vce Dumps & PREX-1060A Sample Questions Answers

Humber College PREX-1060A Valid Vce Dumps & PREX-1060A Sample Questions Answers

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Tags: PREX-1060A Valid Vce Dumps, PREX-1060A Sample Questions Answers, PREX-1060A Study Guide, New PREX-1060A Test Guide, PREX-1060A Reliable Exam Labs

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Humber College Exam 4: Invigilated Theory Exam Sample Questions (Q49-Q54):

NEW QUESTION # 49
In regard to equipment at an industrial property that is being shown for sale, a salesperson representing a buyer should do all of the following, EXCEPT:

  • A. Obtain clarification as to which equipment seen during the showing will be included in the purchase price of the property.
  • B. Ensure they are informed as to whether the equipment shown will be relevant for the buyer's intended use.
  • C. Ensure chattels or fixtures are not included in the sale or negotiated for in the agreement.
  • D. Contact the seller's representative prior to the showing to gain awareness of safety and compliance requirements.

Answer: C


NEW QUESTION # 50
A salesperson, who is representing a tenant, has completed a comparative market analysis (CMA) of the management fees charged, assessed on a square footage basis, at the different office buildings that their client is interested in leasing. The management fees vary across the comparable office buildings, and the tenant is interested to know why there is a difference. Which of the following is an accurate statement the salesperson can make about the difference in management fees between the buildings?

  • A. The salesperson should identify the reasons for high management fees charged for a building and determine the relative value it provides.
  • B. The salesperson should explain that a tenant occupying a smaller rentable area in a building pays higher management fees per square foot compared to a tenant with an average or larger rentable area.
  • C. The salesperson should tell their client that higher management fees charged for a building always indicates that the tenant is getting superior service and value.
  • D. The salesperson should tell the tenant that the Condominium Authority of Ontario regulates management fees charged by buildings as per their size.

Answer: A


NEW QUESTION # 51
When a farm is sold, there are exemptions to the payment of harmonized sales tax (HST). In which of the following circumstances is a farmer responsible to pay HST to the copyright Revenue Agency (CRA)?

  • A. The farm is sold to a corporation and the HST is included in the selling price.
  • B. The farmer sells the farm to a relative.
  • C. The farmer uses a smaller portion of the farm for a residence.
  • D. The farm has been used for personal use.

Answer: D


NEW QUESTION # 52
A tenant has an established business with good growth potential for the foreseeable future and wants to rent a retail property for expansion. If the landlord wants to have the opportunity to boost the rent when the tenant's sales are good, which type of lease would you recommend to the landlord?

  • A. Gross lease
  • B. Percentage lease
  • C. Net lease
  • D. Triple net lease

Answer: B


NEW QUESTION # 53
Finish the sentence: When a commercial tenant enters an agreement to lease, the covenant to pay rent specifies that the tenant:

  • A. Cannot withhold rental payments even if the landlord does not comply with their obligations under the lease.
  • B. Cannot pay rent to the property manager and must pay directly to the property owner.
  • C. Agrees to pay additional rent for a gross lease.
  • D. Agrees to pay any percentage rent a landlord demands, regardless of sales revenue.

Answer: A


NEW QUESTION # 54
......

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