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Free PDF 2025 Newest Humber College PREX-1060A: Exam 4: Invigilated Theory Exam Test Dumps Pdf
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Humber College Exam 4: Invigilated Theory Exam Sample Questions (Q41-Q46):
NEW QUESTION # 41
A tenant receives the keys to their new retail space. When the tenant opens the door, they see evidence of a small fire on the walls near the electrical panel. Which of the following is an appropriate recommendation the salesperson could provide to the new tenant?
- A. Repair the damage and deduct the cost from the rent.
- B. Terminate the lease and start looking for a new space.
- C. Contact a lawyer and immediately start a legal action for damages.
- D. Meet with the property manager, review the lease, and determine a course of action.
Answer: D
NEW QUESTION # 42
The operating costs of a commercial building are usually higher than those of buildings that do not have any common areas. Common area maintenance (CAM) is referred to as the landlord's operating costs attributable to factors that affect the common areas. Which of the following is NOT one of those factors?
- A. Supervision
- B. Depreciation
- C. Operations
- D. Repairs
Answer: B
NEW QUESTION # 43
A buyer is in the process of closing a transaction when a tornado causes damage to the property. The necessary repairs may extend past the closing date. Which of the following may be used to resolve this problem?
- A. Change the completion date by using a waiver.
- B. Change the completion date by using an amendment to the agreement of purchase and sale.
- C. Change the completion date by using a notice of fulfillment.
- D. A change is not necessary because the damage is out of the control of the buyer or the seller.
Answer: B
NEW QUESTION # 44
All of the following aspects of a commercial property may affect its eligibility for Leadership in Energy and Environmental Design (LEED) certification, EXCEPT:
- A. Sustainability
- B. Vacancy rate
- C. Energy efficiency
- D. Innovative elements
Answer: B
NEW QUESTION # 45
Sometimes, transactions do not close. When a transaction won't be completed, what should a salesperson try to do as soon as possible?
- A. Pass the transaction to the broker of record so that the broker will take care of it.
- B. Conduct an analysis of why the transaction will not be carried out.
- C. Obtain the remuneration owed.
- D. Terminate the transaction and disengage from it.
Answer: B
NEW QUESTION # 46
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