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PREX-1060A Latest Exam Online | High-quality PREX-1060A Testking: Exam 4: Invigilated Theory Exam

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Humber College Exam 4: Invigilated Theory Exam Sample Questions (Q107-Q112):

NEW QUESTION # 107
Which of the following statements regarding Building Owners and Managers Association (BOMA) standards is correct?

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

Answer: B

NEW QUESTION # 108
A salesperson negotiates the purchase of a retail property for their client, who plans to open a new store at this location. The client asks the salesperson how many parking spots the property will be required to have to meet the zoning requirements. The salesperson replies that the municipality has zoning requirements that set the minimum parking ratio. How will the municipality calculate the parking ratio?

A. The municipality will take the number of available parking spaces and divide it by the property's gross leasable area.
B. The municipality will take the property's gross leasable area and divide it by the number of available parking spaces.
C. The municipality will take the number of available parking spaces and divide it by the property's net leasable area.
D. The municipality will take the number of available parking spaces and divide it by the projected number of monthly visitors.

Answer: B

NEW QUESTION # 109
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. No, the property is not suitable, as the client's business type and classification require heavy industrial zoning.
B. 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.
C. Yes, the property is suitable, as the listing says the property is light industrial and multi-uses are permitted.
D. 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.

Answer: A

NEW QUESTION # 110
A retail property buyer must consider the parking requirements associated with the site. All of the statements below are considerations for parking, EXCEPT:

A. There may be minimum width and depth requirements for parking spaces.
B. Parking may be impacted by zoning requirements.
C. Parking may be impacted by the municipality's parking bylaw.
D. Required parking for persons with disabilities is usually fixed as a ratio based on the number of disabled persons in the community.

Answer: D

NEW QUESTION # 111
A buyer client is interested in purchasing a 30,000 sq. ft. industrial building in an industrial park. The buyer's salesperson drafts an agreement of purchase and sale that includes an environmental site assessment condition that must be met at the buyer's own expense, and to the buyer's satisfaction. Which of the following is NOT an accurate statement regarding the environmental site assessment condition?

A. The environmental site assessment condition makes the offer conditional upon all possible court actions regarding environmental matters being thought of and reported.
B. The environmental site assessment condition makes the offer conditional upon the seller delivering documents, records, and reports relating to environmental matters to the buyer upon request.
C. The environmental site assessment condition makes the offer conditional upon the buyer determining that no limitations or restrictions affecting the continued use of the property exist.
D. The environmental site assessment condition makes the offer conditional upon the buyer determining that the property is free from hazardous conditions or substances.

Answer: A

NEW QUESTION # 112
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