Humber Bundled Exams New Versions Updated 2024/2025 Fully Solved 100%

Activation energy - Energy needed to get a reaction started Active transport - The movement of materials through a cell membrane using energy; from a low concentration to a high concentration until it reaches disequilibrium. Adenine - The base that pairs with Thymine in DNA, and Uracil in RNA Ae...

"A borrower __________ the mortgage and the lender __________ the financing." - gives According to its mission statement, what is CREA's primary purpose? - To represent and promote the interests of the members, enhance members' professionalism and ability to succeed, and advocate policies tha...

Levies" or development charges - Any cost that a municipality incurs to provide services to a new condominium development would be charged to the developer in the form of what? A New Owner Information Certificate (NOIC) Note: This provides new owners with the most recent Periodic Information Cer...

As a general rule regarding HST, the sale of farmland is taxable unless what exemptions apply? - - A farmer who uses a smaller portion of the farm for living (this smaller portion would not be business and therefore HST exempt.) - The farm is sold to a relative, a former spouse or a common-law pa...

According to the AIC guideline, how is the "total livable area" defined? - Area above grade that provides heated year-round use. Are below-grade basement areas (whether developed or undeveloped) considered livable floor area? - No Before a pre-listing presentation, what details can you find in...

A salesperson can confirm what details about a property using E-Registration online? - - Who is the registered owner - Determine what financing exists - Identify various issues that might affect the selling of the property According to The Association of Ontario Land Surveyors, what are the 4 co...

______ ______ increases the rate of corrosion in galvanized steel pipes. - Hot water A copy of a ______ ______ _______ must be supplied by a contractor to the well owner, and a copy myst be filed with the Ministry of the Environment, Conservation and Parks. - Water well record A gas furnace and a...

A buyer purchasing a pre-construction condominium is required to place a ____________ with the builder to hold the specific unit until it is ready to be occupied. - Deposit A common element condominium must be a __________ condo and not a vacant land or a phased condominium. - Freehold A copy of...

A high family formation rate may predict what kind of market? - A seller's market (in the short term, in a strong economy). As more couples marry and acquire financing, the new couples will often want to establish an independent household in their own dwelling. This is known as what? - The Famil...

2 types of cardiac cells - Electrical -specialized cells which conduct electrical impulses -these cells start and transmit electrical activity in the heart Mechanical -cells which make up bulk musculature in the heart -these cells contract in response to stimuli from the electrical cells 2 typ...

"Listing brokerage commission" is also known as what on the seller representation agreement? - Total commission (then it's further split to co-operating brokerage from there). A brokerage leases a portion of a warehouse for storage, which is located close to the main office because their curre...

A ________________________________ between seller and buyer may also be required because of the proprietary and personal nature of the information provided in commercial transactions. - Confidentiality agreement As a general rule, a buyer would not be able to recover damages in the case of an __...

A brokerage representing only a seller would consider a buyer as a _________ or a customer? - Third Party A buyer completes the purchase of a property, but shortly after taking possession discovers there is a latent defect to the land or improvements. Is the brokerage liable? - No. The brokerage ...

Before you are able to register with RECO, what documents must you submit? - 1. Completed application form with fees (application review fee, 2 year registration fee & pro-rated insurance fee). 2. Criminal record check. 3. Canadian work permit (if required). Define 'Broker of Record' - An indi...