Package deal
Humber Real Estate Courses - Already Verified Papers
Humber Real Estate Courses - Already Verified Papers
[Show more]Humber Real Estate Courses - Already Verified Papers
[Show more]Humber Real Estate - Course 1 Module 1 Graded A+ 
What does REBBA stand for? ️The Real Estate and Business Brokers Act 
Whose role is it to enforce REBBA? ️RECO 
What is the purpose of REBBA? ️To provide a framework for the responsive regulation of the real 
estate profession to protect co...
Preview 2 out of 5 pages
Add to cartHumber Real Estate - Course 1 Module 1 Graded A+ 
What does REBBA stand for? ️The Real Estate and Business Brokers Act 
Whose role is it to enforce REBBA? ️RECO 
What is the purpose of REBBA? ️To provide a framework for the responsive regulation of the real 
estate profession to protect co...
Master Set Humber Real Estate Course: 1 Verified Answers 
What does REBBA stand for? Real Estate and Business Brokers Act 
Whose role is it to enforce REBBA? RECO 
Purpose of REBBA? provide a framework for the responsive regulation of the real estate profession to 
protect consumers and ensure t...
Preview 4 out of 76 pages
Add to cartMaster Set Humber Real Estate Course: 1 Verified Answers 
What does REBBA stand for? Real Estate and Business Brokers Act 
Whose role is it to enforce REBBA? RECO 
Purpose of REBBA? provide a framework for the responsive regulation of the real estate profession to 
protect consumers and ensure t...
Humber Real Estate - Course 2, Module 1, Explaining Services Available to a 
Seller or Buyer 
The relationship between two parties in which one party (the agent) accepts responsibility for 
representing the other party (the principal) in dealing with a third party. Under Ontario law, how is an 
...
Preview 3 out of 17 pages
Add to cartHumber Real Estate - Course 2, Module 1, Explaining Services Available to a 
Seller or Buyer 
The relationship between two parties in which one party (the agent) accepts responsibility for 
representing the other party (the principal) in dealing with a third party. Under Ontario law, how is an 
...
Humber Real Estate Course 1: Modules 1-3 Verified Solutions 
Real Estate and Business Brokers Act (REBBA) - regulates real estate trading - Ministry of Government & Consumer Services is responsible for it - RECO enforces it - provides a framework for the regulation of the profession to protect cons...
Preview 2 out of 10 pages
Add to cartHumber Real Estate Course 1: Modules 1-3 Verified Solutions 
Real Estate and Business Brokers Act (REBBA) - regulates real estate trading - Ministry of Government & Consumer Services is responsible for it - RECO enforces it - provides a framework for the regulation of the profession to protect cons...
Humber Real Estate - Course 3, Module 1, Introducing Residential 
Condominiums Verified Solutions 
Title ️Condominium owners hold ______ to their private living space (unit) and share ownership 
jointly of the common areas (common elements) with other owners in the condominium corporation. 
A ...
Preview 4 out of 32 pages
Add to cartHumber Real Estate - Course 3, Module 1, Introducing Residential 
Condominiums Verified Solutions 
Title ️Condominium owners hold ______ to their private living space (unit) and share ownership 
jointly of the common areas (common elements) with other owners in the condominium corporation. 
A ...
Humber Real Estate - Course 1, Module 4 All Answers Correct - "Individual parcel" (referenced by a Property Identification Number or PIN) - Individual name - Municipal address - Mapping - Registered instrument number - Condominium plan - Plan of Subdivision ️POLARIS permits the user to find prop...
Preview 2 out of 11 pages
Add to cartHumber Real Estate - Course 1, Module 4 All Answers Correct - "Individual parcel" (referenced by a Property Identification Number or PIN) - Individual name - Municipal address - Mapping - Registered instrument number - Condominium plan - Plan of Subdivision ️POLARIS permits the user to find prop...
Humber Real Estate - Course 2, Module 3, Understanding Residential 
Property Types, Ownership and Planning 
A self-contained housing unit with one or more habitable rooms containing at minimum a kitchen, 
bathroom facilities and an exit from the building. Define a 'Dwelling Unit' - A duplex is ...
Preview 2 out of 14 pages
Add to cartHumber Real Estate - Course 2, Module 3, Understanding Residential 
Property Types, Ownership and Planning 
A self-contained housing unit with one or more habitable rooms containing at minimum a kitchen, 
bathroom facilities and an exit from the building. Define a 'Dwelling Unit' - A duplex is ...
Humber Real Estate - Course 4, Module 9 Completing Agreements of 
Purchase and Sale for Office and Retail Properties 
If you are unable to address these areas satisfactorily, you may need to conduct a further review with a 
lawyer or other third-party experts. 
Note: You may be asked to provide ...
Preview 2 out of 5 pages
Add to cartHumber Real Estate - Course 4, Module 9 Completing Agreements of 
Purchase and Sale for Office and Retail Properties 
If you are unable to address these areas satisfactorily, you may need to conduct a further review with a 
lawyer or other third-party experts. 
Note: You may be asked to provide ...
Humber Real Estate - Course 2, Module 7, Understanding Residential 
Construction - Mechanical Systems 
From the street via the electrical service entrance cable into the electrical main disconnect, where it can 
be shut off. 
From there it goes to the Distribution panel and gets sent through cir...
Preview 3 out of 28 pages
Add to cartHumber Real Estate - Course 2, Module 7, Understanding Residential 
Construction - Mechanical Systems 
From the street via the electrical service entrance cable into the electrical main disconnect, where it can 
be shut off. 
From there it goes to the Distribution panel and gets sent through cir...
Humber Real Estate - Course 2, Module 2, Documenting Relationships with 
Sellers and Buyers - The effective date and expiry date of the agreement (can only be one expiry date) - The method for calculating commission or other remuneration payable to the brokerage (in the case of 
a seller, the amou...
Preview 2 out of 12 pages
Add to cartHumber Real Estate - Course 2, Module 2, Documenting Relationships with 
Sellers and Buyers - The effective date and expiry date of the agreement (can only be one expiry date) - The method for calculating commission or other remuneration payable to the brokerage (in the case of 
a seller, the amou...
Humber Real Estate - Course 2, Module 4, Factors Impacting Residential 
Real Estate Negotiations 
A 'Patent Defect' is observable by the untrained eye. 
A 'Latent Defect' is not readily observable to the untrained eye during the reasonable inspection of a 
property. What is the difference be...
Preview 2 out of 7 pages
Add to cartHumber Real Estate - Course 2, Module 4, Factors Impacting Residential 
Real Estate Negotiations 
A 'Patent Defect' is observable by the untrained eye. 
A 'Latent Defect' is not readily observable to the untrained eye during the reasonable inspection of a 
property. What is the difference be...
Humber Real Estate - Course 2, Module 15, Introducing a Residential 
Agreement of Purchase and Sale 
When an offer is drafted, not signed. ️What is considered the 'Offer Date'? 
No. Even if terms are changed on a following day and the offer is re-submitted, the offer date remains 
the same....
Preview 3 out of 18 pages
Add to cartHumber Real Estate - Course 2, Module 15, Introducing a Residential 
Agreement of Purchase and Sale 
When an offer is drafted, not signed. ️What is considered the 'Offer Date'? 
No. Even if terms are changed on a following day and the offer is re-submitted, the offer date remains 
the same....
Humber Real Estate - Course 4, Module 14: Transactions Involving 
Development Land and Farms - Zoning - the highest and best use should conform with the zoning, unless there is a probable and 
imminent prospect that the zoning will change or be amended to accommodate the highest or best use 
esti...
Preview 2 out of 15 pages
Add to cartHumber Real Estate - Course 4, Module 14: Transactions Involving 
Development Land and Farms - Zoning - the highest and best use should conform with the zoning, unless there is a probable and 
imminent prospect that the zoning will change or be amended to accommodate the highest or best use 
esti...
Humber Real Estate - Course 2, Module 19, Additional Sale-Related 
Documents and Other Legal Obligations Graded A 
The brokerage As a salesperson, you may not be required to prepare a trade record sheet. They are 
typically done by who? 
True. 
Any changes must be in a new document called an am...
Preview 3 out of 19 pages
Add to cartHumber Real Estate - Course 2, Module 19, Additional Sale-Related 
Documents and Other Legal Obligations Graded A 
The brokerage As a salesperson, you may not be required to prepare a trade record sheet. They are 
typically done by who? 
True. 
Any changes must be in a new document called an am...
Humber Real Estate - Course 4, Module 5: Preparing to Sell Commercial 
Condominiums 
A New Owner Information Certificate (NOIC) 
Note: This provides new owners with the most recent Periodic Information Certificate (PIC) or the most 
recent Information Certificate Update. NOIC must be sent ASAP a...
Preview 1 out of 3 pages
Add to cartHumber Real Estate - Course 4, Module 5: Preparing to Sell Commercial 
Condominiums 
A New Owner Information Certificate (NOIC) 
Note: This provides new owners with the most recent Periodic Information Certificate (PIC) or the most 
recent Information Certificate Update. NOIC must be sent ASAP a...
Humber Real Estate - Course 4, Module 8: Showing Office, Retail or 
Industrial Properties and Advising on Properties of Interest - A return OF the investment - A return ON the investment 
Ideally, a buyer will achieve both forms of investment return to make a profit (rathe than simply 
breaking e...
Preview 2 out of 5 pages
Add to cartHumber Real Estate - Course 4, Module 8: Showing Office, Retail or 
Industrial Properties and Advising on Properties of Interest - A return OF the investment - A return ON the investment 
Ideally, a buyer will achieve both forms of investment return to make a profit (rathe than simply 
breaking e...
Humber Real Estate - Course 4, Module 11 Completing Agreements of 
Purchase and Sale for Industrial Properties 
False. There is only one form. 
While all agreements will be unique and have varying clauses, as a salesperson you will typically use the 
OREA Agreement of Purchase and Sale - Commer...
Preview 1 out of 4 pages
Add to cartHumber Real Estate - Course 4, Module 11 Completing Agreements of 
Purchase and Sale for Industrial Properties 
False. There is only one form. 
While all agreements will be unique and have varying clauses, as a salesperson you will typically use the 
OREA Agreement of Purchase and Sale - Commer...
Humber Real Estate - Course 4, Module 12: Preparing to Lease Office, Retail 
and Industrial Properties Complete Solutions 
What is a Percentage Lease? - The tenant is typically required to pay a fixed minimum monthly rent (i.e. to cover taxes, maintenance 
and insurance as the bare minimum), plus...
Preview 2 out of 15 pages
Add to cartHumber Real Estate - Course 4, Module 12: Preparing to Lease Office, Retail 
and Industrial Properties Complete Solutions 
What is a Percentage Lease? - The tenant is typically required to pay a fixed minimum monthly rent (i.e. to cover taxes, maintenance 
and insurance as the bare minimum), plus...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Stuvia is a marketplace, so you are not buying this document from us, but from seller CertifiedGrades. Stuvia facilitates payment to the seller.
No, you only buy these notes for $23.49. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
84866 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now