Humber Real Estate Bundled Exams Questions and Answers Multiple Versions (2023/2024) (Complete, Accurate, and Verified)

Humber Real Estate - Course 2, Module 1, Explaining Services Available to a Seller or Buyer (2023/2024) Graded A+ Under Ontario law, how is an 'agency relationship' defined? The relationship between two parties in which one party (the agent) accepts responsibility for representing the other party ...

Humber Real Estate - Course 4, Module 2: Understanding Commercial Construction (2023/2024) 100% Solved Industrial buildings range from warehouses that are typically 25,000 to 100,000 square feet, to a ________________________. 7500 acre oil refinery What 3 categories are industrial properties divi...

Professional Selling Test 2 Questions and Answers 100% Solved Mohamed is having difficulty forming a positive opinion of the sales representative that services his store. He finds it difficult to understand how she develops her views. Mohamed is experiencing: A) submissive style bias. B) communic...

Humber Real Estate Course 2 Questions and Answers Graded A According to REBBA, a promise made by a registrant to a person must be _____________ In writing Individuals other than salespersons, who are registered to act on behalf of a brokerage Brokers The second disclosure step involving multiple ...

Humber Real Estate - Course 3, Module 1, Introducing Residential Condominiums Questions and Answers Graded A Condominium owners hold ______ to their private living space (unit) and share ownership jointly of the common areas (common elements) with other owners in the condominium corporation. Title ...

Humber Real Estate - Course 2, Module 15, Introducing a Residential Agreement of Purchase and Sale Already Passed What is considered the 'Offer Date'? When an offer is drafted, not signed. Does the date of an offer change? No. Even if terms are changed on a following day and the offer is re-submi...

Course 1 Terms (Real estate Humber) Latest Update Graded A Fee Simple Estate (Free Hold) It is the highest form of an estate and is also known as absolute right. It provides maximum rights with minimum limitations. Includes the rights to use, sell, enter, possess, lease, or give away Leasehold Est...

Humber Real Estate - Course 2, Module 2, Documenting Relationships with Sellers and Buyers (2023/2024) Already Passed What 4 things must be specified on both representation and customer service agreements? - The effective date and expiry date of the agreement (can only be one expiry date) - The meth...

Humber Real Estate Course 1: Modules 1-3 (2023/2024) Already Passed Real Estate and Business Brokers Act (REBBA) - regulates real estate trading - Ministry of Government & Consumer Services is responsible for it - RECO enforces it - provides a framework for the regulation of the profession to protec...

Humber Real Estate - Course 2, Module 6, Understanding Residential Construction - Structural Components Graded A Define 'Frontage' The side of the street that abuts or borders a public street or highway - except for waterfront properties which is considered the side that border the body of water. ...

Humber Real Estate - Course 4, Module 14: Transactions Involving Development Land and Farms Questions and Answers Already Passed What are 3 key factors that an appraiser considers when estimating the highest and best use of an undeveloped vacant site? - Zoning - the highest and best use should conf...

Humber Real Estate - Course 4, Module 9: Completing Agreements of Purchase and Sale for Office and Retail Properties 100% Pass If after reviewing a commercial agreement of purchase and sale, your client still has areas they don't understand, what should you do? If you are unable to address these a...

Humber Real Estate - Course 2, Module 3, Understanding Residential Property Types, Ownership and Planning Graded A Define a 'Dwelling Unit' A self-contained housing unit with one or more habitable rooms containing at minimum a kitchen, bathroom facilities and an exit from the building. What is th...

Humber Real Estate - Course 2, Module 14 The Offer Process and Regulatory Obligations Already Graded A Is there a standard form used for the Agreement of Purchase and Sale? No, but there is certain information relating to the rights and obligations of the parties that must be included. What informa...