RELIABLE PREX-1060A TEST VCE & PREX-1060A VALID EXAM EXPERIENCE

Reliable PREX-1060A Test Vce & PREX-1060A Valid Exam Experience

Reliable PREX-1060A Test Vce & PREX-1060A Valid Exam Experience

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Humber College Exam 4: Invigilated Theory Exam Sample Questions (Q103-Q108):

NEW QUESTION # 103
A buyer client is interested in purchasing an industrial property for their manufacturing business. The buyer's salesperson informs them of the building criteria, along with the minimum requirements for clear height and clear span that would be suitable for the buyer's business. What should the salesperson explain to the buyer regarding clear span?

  • A. The salesperson should explain that clear span refers to the unobstructed vertical distance from the floor to the bottom of the lowest ceiling or roof component.
  • B. The salesperson should explain that clear span refers to the total amount of floor area in the space, including the space that is occupied between columns and walls.
  • C. The salesperson should explain that clear span refers to the unobstructed vertical distance from the floor to the bottom of the highest point of the ceiling or roof component.
  • D. The salesperson should explain that clear span refers to the amount of floor area that is clear of interference from columns and walls.

Answer: D


NEW QUESTION # 104
A lender completes a financial statement analysis and calculation on various ratios that would indicate the financial performance of the commercial building. Which of the following is NOT correct?

  • A. It does not matter; mortgaging does not affect cash flow and yields.
  • B. Lenders will apply various financial ratios to get a solid understanding of the business's performance and the ability of the borrower to service debt.
  • C. The success of ventures often rests in the availability and suitability of financing.
  • D. The investor is afforded the opportunity to enhance yield.

Answer: A


NEW QUESTION # 105
Which of the following practices maintains the stability and durability of a commercial property?

  • A. Replacing old tenants with new tenants that pay much higher rent
  • B. Increasing the base rent and additional rent in a slow economy
  • C. Delaying improvements to the property to save costs
  • D. Keeping good tenants

Answer: D


NEW QUESTION # 106
A salesperson is preparing to list an industrial building and wants to assess the availability and size of utilities, as these factors may prohibit a change in use for the potential buyer. Which of the following is correct?

  • A. The seller may have up-to-date documentation about the utilities but, in some situations, a third-party professional assessment is still needed.
  • B. If the information on the subject building's utilities is available, then a potential buyer will not put a condition in the offer.
  • C. The salesperson should conduct a visual inspection of the building to determine the specifications of the utilities.
  • D. If the information on the building's utilities is not available, the salesperson can determine it by finding out the specifications of the utilities of the neighbors.

Answer: A


NEW QUESTION # 107
Salespersons are required to verify, wherever they can, information provided by landlords, such as zoning details and permitted uses. A salesperson is helping a major landlord to lease out a big retail mall that involves complex matters. Which of the following does NOT need third-party professional advice?

  • A. The total area measurements
  • B. The maximum floor load of every unit
  • C. The total remuneration payable for a 20-year lease
  • D. The number of sprinklers required in every unit

Answer: C


NEW QUESTION # 108
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