RELIABLE PREX-1060A NEW DUMPS EBOOK OFFER YOU ACCURATE LATEST TEST PRACTICE | HUMBER COLLEGE EXAM 4: INVIGILATED THEORY EXAM

Reliable PREX-1060A New Dumps Ebook offer you accurate Latest Test Practice | Humber College Exam 4: Invigilated Theory Exam

Reliable PREX-1060A New Dumps Ebook offer you accurate Latest Test Practice | Humber College Exam 4: Invigilated Theory Exam

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The Exam 4: Invigilated Theory Exam (PREX-1060A) exam dumps is released in three different formats. The formats are PREX-1060A PDF dumps format, web-based practice exam, and desktop practice test software. The PREX-1060A dumps PDF is a printable format, meaning the user can print the real Humber College Certification Exams questions and carry them anywhere, anytime. It is also a portable format, meaning the Exam 4: Invigilated Theory Exam (PREX-1060A) dumps PDF can be accessed on smartphones, tablets, and laptops.

You will be able to apply for high-paying jobs in top companies worldwide after passing the Humber College PREX-1060A test. The Humber College PREX-1060A Exam provides many benefits such as higher pay, promotions, resume enhancement, and skill development.

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The Exam 4: Invigilated Theory Exam (PREX-1060A) Desktop-based practice Exam is ideal for applicants who don't have access to the internet all the time. You can use this PREX-1060A simulation software without an active internet connection. This PREX-1060A software runs only on Windows computers. Both practice tests of PassCollection i.e. web-based and desktop are customizable, mimic Humber College PREX-1060A Real Exam scenarios, provide results instantly, and help to overcome mistakes.

Humber College Exam 4: Invigilated Theory Exam Sample Questions (Q68-Q73):

NEW QUESTION # 68
A salesperson must ensure that a buyer client is aware of all revenue sources and expenses related to the property they are interested in purchasing. Which of the following is an accurate statement regarding potential revenue sources for a commercial property?

  • A. Commercial office owners have only one type of potential rental income, which is percentage rent, as the owner themselves pay for the operating expenses of the property.
  • B. Shopping centres with more than 150 stores typically have only two types of rental revenues to cover all the operating expenses of the property: base rent and additional rent.
  • C. Retail commercial property owners have three types of potential rental income: base rent, additional rent, and percentage rent.
  • D. Every commercial property, whether an office building, an industrial property, a retail property, or land, has a single source of revenue, which is the base rent.

Answer: C


NEW QUESTION # 69
A salesperson representing a client who is selling an office property has received some documents from the seller and is trying to organize them. Which of the following documents is NOT needed by the salesperson or seller when selling the property?

  • A. Private mortgage form
  • B. Income verification documents
  • C. Telephone bills
  • D. Environmental site assessments

Answer: C


NEW QUESTION # 70
When a property assessment of a new commercial property has not been completed prior to its resale, what should a salesperson do to protect the buyer?

  • A. Include the current tax assessment as a schedule of the agreement.
  • B. Ensure the offer contains a clause allowing for compensation for adjustments to the property taxes.
  • C. Get a letter from the seller to guarantee a maximum amount of realty tax payment in the coming year.
  • D. Ensure the offer contains a clause requiring the seller and the buyer to share the property taxes to be assessed for the next three years.

Answer: B


NEW QUESTION # 71
Sometimes, transactions do not close. When a transaction won't be completed, what should a salesperson try to do as soon as possible?

  • A. Obtain the remuneration owed.
  • B. Terminate the transaction and disengage from it.
  • C. Conduct an analysis of why the transaction will not be carried out.
  • D. Pass the transaction to the broker of record so that the broker will take care of it.

Answer: C


NEW QUESTION # 72
A salesperson is representing a buyer client in the purchase of a fully tenanted mixed-use building. The agreement of purchase and sale will be in the name of a corporation owned by the buyer and several other shareholders. Which of the following statements is correct regarding the signing of this agreement of purchase and sale?

  • A. The general partner of the company must sign and date below the printed name of the limited company.
  • B. The buyer must sign and date below the printed name of the corporation.
  • C. An authorized signing officer of the company must sign and date over the words: "I haveauthority to bind the corporation" and below the printed registered name.
  • D. A major shareholder of the company must sign and date over their printed name.

Answer: C


NEW QUESTION # 73
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