The Importance of Humber College PREX-1060A Exam Success for Future Humber College Growth with ExamDumpsVCE

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Humber College Exam 4: Invigilated Theory Exam Sample Questions (Q89-Q94):

NEW QUESTION # 89
A buyer looking for an industrial property tells the salesperson that on-site trailer storage space is an important feature. What is a reason on-site trailer storage might be important for the buyer's industrial business?

A. Outgoing trucks could have difficulty if there is a lack of on-site trailer storage.
B. Businesses need to transport materials to and from the site.
C. Some trucks may need to park on the property overnight.
D. Incoming trucks could have difficulty if there is a lack of on-site trailer storage.

Answer: C

NEW QUESTION # 90
In a commercial transaction, which of the following is NOT a responsibility of the lawyer?

A. Review of the Agreement of Purchase and Sale
B. Exchange of legal documents
C. Review of financial statements
D. Remedy of title issues

Answer: C

NEW QUESTION # 91
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 amount of floor area that is clear of interference from columns and walls.
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 lowest ceiling or roof component.
D. 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.

Answer: A

NEW QUESTION # 92
While preparing to list a vacant retail site that allows new auto sales, the salesperson sees that there is an auto repair garage business next door with old and rusting metal storage tanks at the side of their building. Which of the following is the correct action for the salesperson to take?

A. The salesperson should ask the owner of the garage for more information and what course of action they recommend to assist a future purchaser of the site.
B. The salesperson should include the information in the marketing material as it would be beneficial for an auto sales business to have a garage located nearby.
C. The salesperson should attempt to identify signs of contamination on the property and recommend an appropriate third-party expert to the seller client.
D. The salesperson should ask the owner of the garage whether they have thought about selling their property at this time.

Answer: C

NEW QUESTION # 93
Different clauses can be used for each transaction to address the unique needs of buyers and sellers. Which of the following may be used in an agreement of purchase and sale to buy a commercial property?

A. A clause to confirm the remuneration payable to the brokerages will be as stated in the seller representation agreement
B. A clause for the buyer to have the right to negotiate for specialized restaurant equipment that is not included in the property purchase price
C. A clause for the buyer to review the leases only after all conditions have been waived and accepted
D. A clause for the seller to disclose all information verbally without providing supporting documents to verify that information; documents to be provided on closing

Answer: B

NEW QUESTION # 94
......

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The Importance of Humber College PREX-1060A Exam Success for Future Humber College Growth with ExamDumpsVCE

PREX-1060A Flexible Learning Mode | Efficient Humber College PREX-1060A New Braindumps Free: Exam 4: Invigilated Theory Exam

Humber College Exam 4: Invigilated Theory Exam Sample Questions (Q89-Q94):

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