Free Humber College PREX-1060A Exam Questions
Absolute Free PREX-1060A Exam Practice for Comprehensive Preparation
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Humber College PREX-1060A Exam Questions
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Provided By: Humber College
- Exam: Exam 4: Invigilated Theory Exam
- Certification: RESP Pre-Registration Phase
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Total Questions: 122
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Updated On: Jan 13, 2026
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Rated: 4.9 |
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Online Users: 244
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Question 1
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When discussing economic considerations, interest rates, government policies, and infrastructure specific to industrial properties, why are investors attracted to industrial properties?
Answer: D
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Question 2
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Which of the following is a characteristic of main street retail?
Answer: A
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Which of the following is a characteristic of main street retail?
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Question 3
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Both the landlord and the tenant have responsibilities in the management of their relationship as per the commercial lease agreement. Which of the following is NOT an accurate statement regarding the roles and responsibilities of landlords and tenants as per the Commercial Agreement to Lease?
Answer: B
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Question 4
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When discussing the sale of a business and establishing the asking price, there are questions a salesperson must ask the owner. Which of the following is one of them?
Answer: D
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Question 5
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A salesperson sells an office building using the Commercial Agreement of Purchase and Sale along with a
schedule that lists all the fixtures, chattels, and rental items of the office building. After closing the real estate
transaction, a dispute arises between the seller and the buyer about which chattels, fixtures, and rental items of
the office building were to be included and which were to be excluded. Which of the following is NOT an
accurate statement regarding the salesperson's actions related to negotiating chattels, fixtures, and rental items?
Answer: D
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A salesperson sells an office building using the Commercial Agreement of Purchase and Sale along with a