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ExamCourse 3 - Additional Residential Real Estate Transactions Free Sample 20
Questions40
Pass Line80%

Question 1

Which option best defines condominium corporation?

Question 2

Which option best defines common expenses?

Question 3

Which option best defines reserve fund?

Question 4

Which option best defines special assessment?

Question 5

Which option best defines exclusive-use common element?

Question 6

Which option best defines status certificate?

Question 7

Which option best defines declaration?

Question 8

Which option best defines by-laws?

Question 9

Which option best defines rules?

Question 10

Which option best defines unit boundaries?

Question 11

Which option best defines occupancy in a new-construction context?

Question 12

Which option best defines final closing in a new-construction context?

Question 13

Which option best defines adjustment in a new-construction context?

Question 14

Which option best defines pre-delivery inspection in a new-construction context?

Question 15

Which option best defines builder warranty in a new-construction context?

Question 16

Which option best defines Tarion in a new-construction context?

Question 17

Which option best defines private well in a rural-property context?

Question 18

Which option best defines septic system in a rural-property context?

Question 19

Which option best defines easement of access in a rural-property context?

Question 20

Which option best defines conservation authority considerations in a rural-property context?

Question 21

Which option best defines severance in a rural-property context?

Question 22

Which option best defines road access in a rural-property context?

Question 23

Which option best defines multi-unit dwelling?

Question 24

Which option best defines gross rental income?

Question 25

Which option best defines operating expenses?

Question 26

Which option best defines vacancy allowance?

Question 27

Which option best defines net operating income?

Question 28

Which option best defines cap rate?

Question 29

Which option best defines lease in a residential-leasing context?

Question 30

Which option best defines landlord in a residential-leasing context?

Question 31

Which option best defines tenant in a residential-leasing context?

Question 32

Which option best defines rent in a residential-leasing context?

Question 33

Which option best defines security of tenure in a residential-leasing context?

Question 34

Which option best defines application to rent in a residential-leasing context?

Question 35

Which option best defines occupancy date in a residential-leasing context?

Question 36

Which option best defines deposit for key or last-month-type purposes in a residential-leasing context?

Question 37

A landlord client asks an agent to lease a property. The agent should understand that leasing work still requires

Question 38

Which statement best reflects lawful tenant screening?

Question 39

A landlord asks the agent to refuse all applicants with children. The agent should

Question 40

A tenant wants to know the exact rent and occupancy date before applying. The agent should

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