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最新的 RESP Pre-Registration Phase PREX-1060A 免費考試真題:
1. A salesperson is assisting the buyer of a retail condominium with the due diligence process. What is a leading practice they should recommend to the buyer?
A) Ensure there is parking and repair space available for commercial trucks.
B) Verify if there are any non-competition provisions that need to be satisfied as set out in thecondominium rules or bylaws.
C) Confirm that the contract of the condominium property management company has been renewed for at least 10 years.
D) Obtain the existing status certificate from the brokerage to verify all restrictions, including shared premises with other businesses in the commercial condominium.
2. The cost approach is one method of real estate evaluation that an appraiser may use to estimate the value of a commercial property. Which of the following is NOT an accurate statement regarding the cost approach?
A) The cost approach is preferred for newer construction properties, as the appraiser would not need to make a subjective estimation of the accrued depreciation of the building.
B) The cost approach is useful for the appraisal of property types for which sales and income data are scarce, such as industrial and special-purpose properties.
C) The cost approach is preferred for older construction properties, as calculating depreciation on them is fairly straightforward.
D) The cost approach is typically used to appraise income-generating properties.
3. Issues that occurred prior to the closing of a transaction may be uncovered by title and non-title searches during due diligence. Which of the following is a non-title search concern?
A) The seller is not entitled to transfer title to the property for some reason
B) The property's use doesn't comply with municipal zoning bylaws
C) A registered right of way that blocks the buyer's intended use of the property
D) Liens and encumbrances that are registered against the property
4. Obtaining the size and boundaries of a commercial condominium unit is an important task for a salesperson.
Which of the following statements regarding this task is NOT correct?
A) The original plans should be used to determine the size of a unit.
B) Space should be measured in accordance with BOMA standards.
C) An Ontario Land Surveyor can be hired to measure the space.
D) An architect can be hired to measure the space.
5. There are different requirements under REBBA and other legislation that affect the sale of a business. Which of the following is NOT correct?
A) There are various municipal bylaws that could impact the sale of a business, depending on the business activity.
B) If 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.
C) Depending on the business location, there are various municipal bylaws, zoning, permits, and other rules and regulations that could impact the sale of a business.
D) A key consideration a salesperson must keep in mind when handling the sale of a business is operating licenses.
問題與答案:
問題 #1 答案: B | 問題 #2 答案: C | 問題 #3 答案: B | 問題 #4 答案: A | 問題 #5 答案: B |
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