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Humber College Exam 4: Invigilated Theory Sample Questions:
1. Utility requirements are different for retail, office, and industrial properties, and a salesperson should understand the utility needs of each client. Which of the following items is NOT required bya typical occupant of a retail space?
A) A stable internet connection
B) A high voltage and ampere supply
C) A proper ventilation system
D) Sufficient lighting
2. 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 property's use doesn't comply with municipal zoning bylaws
B) Liens and encumbrances that are registered against the property
C) A registered right of way that blocks the buyer's intended use of the property
D) The seller is not entitled to transfer title to the property for some reason
3. In regard to Environmental Site Assessments (ESAs), which of the following is NOT accurate?
A) Local building departments use ESAs as the basis for changes to municipal zoning bylaws.
B) An ESA is intended to determine if a property has been contaminated or is facing any environmental threats.
C) ESAs are regulated under the Canadian Environmental Protection Act.
D) Every new commercial property must undergo an ESA prior to construction.
4. A salesperson has a buyer client in the metal fabrication industry, which requires outdoor storage and involves substantial noise and smells. The salesperson sees a listing that says "24,000-square-foot light industrial property, multi-uses permitted." Is this a suitable property for their client? Why or why not?
A) Yes, the property will be suitable if the client states they will change the zoning to allow their type and classification of business to operate at this location.
B) Yes, the property is suitable, as the listing says the property is light industrial and multi-uses are permitted.
C) No, the property is not suitable, as the client's business type and classification require heavy industrial zoning.
D) Yes, the property is suitable since the client is already in the metal fabrication business, and does not need to get any permits from the municipality prior to moving in and using the property.
5. Established under the Farming and Food Production Protection Act, the Normal Farm PracticesBoard is composed of members appointed by the Minister of Agriculture, Food and Rural Affairs. Which statement is NOT accurate with regard to the Normal Farm Practices Board?
A) The Board can conduct hearings that are heard by a minimum of five board members.
B) The Board can order farmers to cease practices that cause disturbances if they are not considered to be normal farm practices.
C) The Board can dismiss complaints if the disturbances are the result of normal farm practices.
D) The Board can order farmers to modify practices for consistency with normal farm practices.
Solutions:
Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: A |
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