Humber Real EstateEXAMS BUNDLE WITH Questions with 100% Correct Solutions

What key information should a salesperson gather and verify regarding a development land? - Answer - Key documentation such as existing zoning verification - Restrictive covenants or title restrictions that apply to the property - Favourable or unfavourable environmental conditions - Transportat...

uring a visual inspection, what should you look for in relation to floors and staircases? - Answer Floors: - Type of floors (hardwood, laminate, broadloom, ceramic) - Condition of the floors (slanted, warped) Staircase: - Safety rail - Slanted or loose stairs - A large number of stairs that w...

What is the role of a condo's Board of Directors? - Answer To oversee the business matters of the condominium corporation and ensure its operations comply with the Condominium Act. What are condo rules? - Answer Directives and regulations developed by a condominium corporation.

egal title, declaration - Answer When a developer sells individual space on a pylon sign, the sign space itself is unitized and the buyer gets _______________ to that space and pays property taxes and condominium fees (both usually small amounts). In turn, a unit owner can sell that pylon sign pa...

In most situations, the seller of a commercial property is responsible for remitting ______. However, in special circumstances, the seller is not required to collect it provided certain __________________ are met. - Answer HST, conditions Commercial agreements basically have the same requirements...