RELIABLE PREX-1060A TEST QUESTION, PREX-1060A ACCURATE STUDY MATERIAL

Reliable PREX-1060A Test Question, PREX-1060A Accurate Study Material

Reliable PREX-1060A Test Question, PREX-1060A Accurate Study Material

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Tags: Reliable PREX-1060A Test Question, PREX-1060A Accurate Study Material, Certification PREX-1060A Dump, PREX-1060A Latest Dumps, Latest PREX-1060A Exam Experience

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Humber College Exam 4: Invigilated Theory Exam Sample Questions (Q30-Q35):

NEW QUESTION # 30
An office building is being sold. The agreement of purchase and sale includes multiple conditions that protect the buyer. Each condition has a different expiry date, and they will be fulfilled and completed at different times. The conditions do not have waiver provisions. In this situation, all conditions can be removed by:

  • A. Serving one waiver
  • B. Serving separate notices of fulfillment
  • C. Serving separate waivers
  • D. Serving one notice of fulfillment

Answer: B


NEW QUESTION # 31
A salesperson is representing a tenant client who is opening a new pet food store in a local strip plaza. The salesperson meets with their tenant to discuss display signage and review the guidelines in their commercial lease agreement. Which statement is NOT accurate regarding the commercial lease agreement's signage clause?

  • A. The tenant's signage is considered a trade fixture and shall remain the tenant's property.
  • B. The tenant's signage, from approvals to installation and ongoing maintenance, shall be at thetenant's own expense.
  • C. The tenant's signage shall be immediately removed at the end of their lease term(s) at the tenant's expense.
  • D. The tenant's signage must be approved by the municipality and the landlord, and all associated costs shall be paid by the landlord.

Answer: D


NEW QUESTION # 32
When representing a client who is selling a business, a salesperson must be aware of concerns related to compliance. Which of the following is NOT a compliance concern?

  • A. The seller provides insufficient due diligence documents
  • B. Income and expense statements contain misrepresentations
  • C. The condition of goods, chattels, and fixtures cannot be verified
  • D. The seller discloses all liabilities of the business in writing

Answer: D


NEW QUESTION # 33
Salespersons are required to verify, wherever they can, information provided by landlords, such as zoning details and permitted uses. A salesperson is helping a major landlord to lease out a big retail mall that involves complex matters. Which of the following does NOT need third-party professional advice?

  • A. The maximum floor load of every unit
  • B. The total remuneration payable for a 20-year lease
  • C. The number of sprinklers required in every unit
  • D. The total area measurements

Answer: B


NEW QUESTION # 34
What should a salesperson do if they are unable to secure documentation to verify the usable and rentable areas of a property?

  • A. Use the R/U factor to calculate the figures
  • B. Use a laser measuring tool to take the measurements and use the R/U factor to calculate the figures
  • C. Recommend that the landlord obtain the professional services of a measuring company to obtain the figures
  • D. Use a laser measuring tool to take the measurements

Answer: C


NEW QUESTION # 35
......

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