最新のPREX-1060A問題集で試験を準備する

When calculating the total purchase price of farmland with improvements on it, which of the following items is NOT included?

• A. Barns and sheds
• B. Goodwill
• C. Residence
• D. Fixed equipment

A developer has completed the construction of a new commercial condominium project that is readyfor occupancy by the buyers. The condominium should be registered within approximately six months. Which of the following accurately describes a responsibility of the developer?

• A. The developer will be responsible for calling a general meeting within 21 days to appoint a new board of directors.
• B. The developer will be responsible for overseeing the business affairs of the condominium corporation after the turnover meeting.
• C. The developer will be responsible for registering the declaration and description and creating the plan and vision for the property.
• D. The developer will be responsible for much of the day-to-day management of the condominium corporation's affairs after the turnover meeting.

A salesperson must ensure that a buyer client is aware of all revenue sources and expenses related to the property they are interested in purchasing. Which of the following is an accurate statement regarding potential revenue sources for a commercial property?

• A. Commercial office owners have only one type of potential rental income, which is percentage rent, as the owner themselves pay for the operating expenses of the property.
• B. Every commercial property, whether an office building, an industrial property, a retail property, or land, has a single source of revenue, which is the base rent.
• C. Shopping centres with more than 150 stores typically have only two types of rental revenues to cover all the operating expenses of the property: base rent and additional rent.
• D. Retail commercial property owners have three types of potential rental income: base rent, additional rent, and percentage rent.

Which of the following statements about industrial building components is correct?

• A. Loading docks are only used to off-load products or raw materials.
• B. Bay depth is an important consideration when determining the layout of an industrial process.
• C. Flat roofs are designed to be flat to hold water.
• D. Floor load refers to the weight of the building during construction.

A salesperson is representing a commercial tenant client who is interested in leasing a property for their business. The salesperson and their client are inspecting a property that includes a few accessory buildings.
This is ideal for the tenant, as the accessory buildings can serve as storage for their business. The tenant asks their salesperson to find out the measurements of the accessory buildings. Why is it important for the tenant to know the total area of the accessory buildings included on the property?

• A. It is important for the tenant to know the total area of the accessory buildings as it will be considered within the tenant's usable area.
• B. It is important for the tenant to know the total area of the accessory buildings as it will contribute to their rentable area.
• C. It is important for the tenant to know the total area of the accessory buildings as it will be deducted from their rentable area.
• D. It is important for the tenant to know the total area of the accessory buildings as they will have to share the use of them with other tenants.