UPDATED PREX-1060A TEST CRAM | TEST PREX-1060A ENGINE VERSION

Updated PREX-1060A Test Cram | Test PREX-1060A Engine Version

Updated PREX-1060A Test Cram | Test PREX-1060A Engine Version

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Tags: Updated PREX-1060A Test Cram, Test PREX-1060A Engine Version, PREX-1060A Actual Test Pdf, PREX-1060A Reliable Real Exam, PREX-1060A Sample Questions Pdf

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Humber College Exam 4: Invigilated Theory Exam Sample Questions (Q39-Q44):

NEW QUESTION # 39
Which of the following is a correct statement regarding a design-build arrangement in commercial real estate?

  • A. A design-build arrangement is a sale/leaseback arrangement.
  • B. A design-build arrangement requires the buyer to acquire suitable land and construct a building themselves.
  • C. A design-build arrangement is commonly associated with a seller's market.
  • D. A design-build arrangement means the buyer will only buy the property if the landowner builds a building to the buyer's specifications.

Answer: D


NEW QUESTION # 40
Which of the following statements regarding Building Owners and Managers Association (BOMA) standards is correct?

  • A. The BOMA standards are complex.
  • 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 provide methods of measuring industrial buildings only.

Answer: B


NEW QUESTION # 41
If a property in Ontario is assessed and valued as farmland by the Municipal Property Assessment Corporation (MPAC), the farmer could receive a 75% tax reduction for municipal taxes if certain conditions are met. Which of the following describes a condition that must be met?

  • A. They submit the appropriate application semi-annually.
  • B. They are Canadian citizens or permanent residents of copyright.
  • C. They carry on a farming business generating a net profit of $100,000.
  • D. They have a valid harmonized sales tax (HST) registration number under the Excise Tax Act.

Answer: D


NEW QUESTION # 42
In regard to cash flow into and out of a business, which of the following is correct?

  • A. Operating cash flow is used when determining yield on an investment property, while sales proceeds cash flow is not used for this purpose.
  • B. Operating cash flow can be positive or negative.
  • C. Sales proceeds cash flow is used when determining yield on an investment property, while operating cash flow is not used for this purpose.
  • D. Sales proceeds cash flow does not affect investor decisions.

Answer: B


NEW QUESTION # 43
Which of the following is most likely to be a factor in an appraisal for an industrial property?

  • A. Price trend for detached homes in nearby neighborhoods
  • B. Access to raw materials used in the region
  • C. Amount of advertising and publicity
  • D. Proximity to museums and historical sites

Answer: B


NEW QUESTION # 44
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