PREX-1060A EXAM DUMP TORRENT & PREX-1060A FREE STUDY MATERIAL & PREX-1060A EXAM PREP VCE

PREX-1060A exam dump torrent & PREX-1060A free study material & PREX-1060A exam prep vce

PREX-1060A exam dump torrent & PREX-1060A free study material & PREX-1060A exam prep vce

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Humber College Exam 4: Invigilated Theory Exam Sample Questions (Q35-Q40):

NEW QUESTION # 35
Which of the following statements regarding Building Owners and Managers Association (BOMA) standards is correct?

  • A. The BOMA standards provide procedures to measure rentable areas only.
  • B. The BOMA standards are complex.
  • C. The BOMA standards provide methods of measuring office buildings only.
  • D. The BOMA standards provide methods of measuring industrial buildings only.

Answer: C


NEW QUESTION # 36
If a property in Ontario is assessed and valued as farmland by the Municipal Property Assessment Corporation (MPAC), the farmer could receive a 75% tax reduction for municipal taxes if certain conditions are met. Which of the following describes a condition that must be met?

  • A. They have a valid harmonized sales tax (HST) registration number under the Excise Tax Act.
  • B. They carry on a farming business generating a net profit of $100,000.
  • C. They submit the appropriate application semi-annually.
  • D. They are Canadian citizens or permanent residents of Canada.

Answer: A


NEW QUESTION # 37
In regard to cash flow into and out of a business, which of the following is correct?

  • A. Sales proceeds cash flow does not affect investor decisions.
  • B. Operating cash flow is used when determining yield on an investment property, while sales proceeds cash flow is not used for this purpose.
  • C. Sales proceeds cash flow is used when determining yield on an investment property, while operating cash flow is not used for this purpose.
  • D. Operating cash flow can be positive or negative.

Answer: D


NEW QUESTION # 38
A buyer should consider the record of site condition (RSC) document when purchasing a commercial property. Which of the following statements regarding an RSC is correct?

  • A. It contains records pertaining to a property's financial condition.
  • B. With other documents, it will inform the buyer of any legal issues attached to the title.
  • C. Requesting an RSC is mandatory in all real estate transactions.
  • D. It is not a material fact; thus, it is a formality for the buyer to get it.

Answer: B


NEW QUESTION # 39
A buyer is interested in constructing a retail building and wants to use the most efficient method to save time and money. Which statement is true with regard to tilt-up wall panels and pre-cast panels?

  • A. Both tilt-up panels and pre-cast panels are formed off-site.
  • B. Both tilt-up panels and pre-cast panels can lower construction costs.
  • C. Pre-cast panels cost much more than tilt-up panels.
  • D. Pre-cast panels are more durable than tilt-up panels.

Answer: B


NEW QUESTION # 40
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