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PREX-1060A PDF Exam (Downloadable)
Latest 2024 Syllabus Topics Included
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Updated : 18-Dec-2024
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PREX-1060A Question and answers Include

Total Questions: 120 Q&A's
Single Choice: 120 Q&A's

Humber College PREX-1060A Exam Dumps - Valid Questions Answers

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Related Humber College Exams

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PREX-1060A Questions and Answers

Question # 1

What is the best indicator of a strong office market?

A.

The absorption rate, net absorption rate, and rising rental rates

B.

When tenants have lots of options because of the amount of available space at favorable rates

C.

Low rental rates and many concessions

D.

The number of free months given to new and renewing tenants by landlords in the office marketplace

Question # 2

A buyer wants to purchase an industrial property for its international logistics and distribution center. Currently, the building is used by a local courier company with small delivery trucks and vans. When drafting an offer to purchase this property, which of the following should be added regarding this change of use?

A.

A clause to obtain the necessary mortgage amount

B.

A clause to test the quality of the underground water source

C.

A clause to check the condition of the trucks and vans

D.

A clause to ensure the truck parking spaces and turning radius are sufficient

Question # 3

What should a salesperson do if they are unable to secure documentation to verify the usable and rentable areas of a property?

A.

Use the R/U factor to calculate the figures

B.

Use a laser measuring tool to take the measurements and use the R/U factor to calculate the figures

C.

Recommend that the landlord obtain the professional services of a measuring company to obtain the figures

D.

Use a laser measuring tool to take the measurements

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