Valid PREX-1060A Exam Pdf | PREX-1060A Online Training Materials

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Humber College Exam 4: Invigilated Theory Exam Sample Questions (Q82-Q87):

NEW QUESTION # 82
A salesperson is discussing the advantages and disadvantages of owning commercial real estatewith their investor buyer client. Which of the following is NOT an advantage of owning commercial real estate?

A. Potential for tax sheltering possibilities for the investor is an advantage of owning commercial real estate.
B. Potential to recover capital through refinancing is an advantage of owning commercial real estate.
C. Quick turnaround time to free up capital when needed is an advantage of owning commercial real estate.
D. Limited equity investment while gaining leverage through financing is an advantage of owning commercial real estate.

Answer: C

NEW QUESTION # 83
When a farm is sold, there are exemptions to the payment of harmonized sales tax (HST). In which of the following circumstances is a farmer responsible to pay HST to the Canada Revenue Agency (CRA)?

A. The farm is sold to a corporation and the HST is included in the selling price.
B. The farmer uses a smaller portion of the farm for a residence.
C. The farm has been used for personal use.
D. The farmer sells the farm to a relative.

Answer: C

NEW QUESTION # 84
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 highest point of the ceiling or roof component.
B. 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.
C. 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.
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 # 85
All of the following aspects of a commercial property may affect its eligibility for Leadership in Energy and Environmental Design (LEED) certification, EXCEPT:

A. Vacancy rate
B. Sustainability
C. Innovative elements
D. Energy efficiency

Answer: A

NEW QUESTION # 86
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. The success of ventures often rests in the availability and suitability of financing.
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. It does not matter; mortgaging does not affect cash flow and yields.
D. The investor is afforded the opportunity to enhance yield.

Answer: C

NEW QUESTION # 87
......

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Valid PREX-1060A Exam Pdf | PREX-1060A Online Training Materials

100% Pass 2025 Humber College Valid PREX-1060A Exam Pdf

Humber College Exam 4: Invigilated Theory Exam Sample Questions (Q82-Q87):

Updated Humber College Valid PREX-1060A Exam Pdf Offer You The Best Online Training Materials | Exam 4: Invigilated Theory Exam

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