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Humber Real Estate - Course 4, Module 9: Completing Agreements of Purchase and Sale for Office and Retail Properties Exam Questions and Answers 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: Yo...

Humber Real Estate - Course 2, Module 4, Factors Impacting Residential Real Estate Negotiations Questions and Answers 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. - Answ...

Humber Real Estate - Course 2, Module 2, Documenting Relationships with Sellers and Buyers Exam Questions and Answers - 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 th...

Humber Real Estate - Course 2, Module 15, Introducing a Residential Agreement of Purchase and Sale Questions and Answers When an offer is drafted, not signed. - Answer️️ -What is considered the 'Offer Date'? No. Even if terms are changed on a following day and the offer is re-submitted, the...

Humber Real Estate - Course 4, Module 14: Transactions Involving Development Land and Farms Questions and Answers - 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 hig...

Humber Real Estate - Course 2, Module 7, Understanding Residential Construction - Mechanical Systems Questions and Answers 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 ge...

Humber Real Estate - Course 4, Module 5: Preparing to Sell Commercial Condominiums Questions and Answers 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 ...

Humber Real Estate - Course 2, Module 19, Additional Sale-Related Documents and Other Legal Obligations Questions and Answers The brokerage - Answer️️ -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 ...

Humber Real Estate - Course 2, Module 3, Understanding Residential Property Types, Ownership and Planning Questions and Answers A self-contained housing unit with one or more habitable rooms containing at minimum a kitchen, bathroom facilities and an exit from the building. - Answer️️ -Defi...

Humber Real Estate - Course 4, Module 8: Showing Office, Retail or Industrial Properties and Advising on Properties of Interest Questions and Answers - 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 ...

Humber Real Estate - Course 1, Module 4 Questions and Answers 100% Pass Chain and link system (aka Gunter's Chain) - Answer️️ -What's the name of the primitive system used for measuring land in Europe and Ontario? Governor Simcoe - Answer️️ -Who divided Ontario into counties in the 170...

Humber Real Estate Course 1: Modules 1-3 Questions and Answers Real Estate and Business Brokers Act (REBBA) - Answer️️ -- regulates real estate trading - Ministry of Government & Consumer Services is responsible for it - RECO enforces it - provides a framework for the regulation of the pro...