hrs pdf exam 4 set 2 questions & answers 2024/25

hrs pdf exam 4 set 2 questions & answers 2024/25 1. Typical zoning restrictions associated with industrial properties include separation distances from residential properties. Which of the following is a reason for this restriction? - ANSWERSTo control noise 2. A salesperson is gathering information from a landlord to list an office unit for Jease. The landlord does not have supporting documents verifying the property's usable and rentable areas. What should the salesperson do? - ANSWERSRecommend the landlord obtain the professional services of a measuring company to obtain the figures. 3. There are various zoning bylaws and policies that limit how to close a retail structure can be to other tangible asses. Which of the following is NOT one of the requirements? - ANSWERSA minimum distance from the roof of the higher building within a radius of 500 meters. 4. A tenant is looking to rent a retail space of 2,000 square meters of usable space in a shopping center. The add-on factor is 1.1560. What would be the area allocated to this tenant on their lease to calculate the rent? - ANSWERS2312 square meters. 5. As a salesperson working in commercial real estate, it is your responsibility to protect your seller clients. Which of the following should the salesperson NOT do? - ANSWERSMake assumptions rather than ask questions to save the seller's time. 6. There are different requirements under REBBA and other legislation that affect the sale of a business. Which of the following is NOT correct? - ANSWERSIf a municipal license is associated with the business and it may be transferrable to the buyer, then it is of no concern to the sales representative. 7. Many factors can impact the value of a commercial condominium. Which of the following is NOT correct? - ANSWERSIf customers cannot easily access the business unit, they know it is a sought-after commercial condominium and this would likely increase in value. 8. There are two main ways to sell all business: asset sale and share sale. Which of the following is a characteristic of an asset sale? - ANSWERSThe buyer is eligible for tax on depreciable property.