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Humber College PREX-1060A Exam With Confidence Using Practice Dumps

Exam Code:
PREX-1060A
Exam Name:
Exam 4: Invigilated Theory Exam
Certification:
RESP Pre-Registration Phase
Vendor:
Humber College
Questions:
120
Last Updated:
Feb 17, 2026
Exam Status:
Stable
Humber College PREX-1060A

PREX-1060A: RESP Pre-Registration Phase Exam 2025 Study Guide Pdf and Test Engine

Are you worried about passing the Humber College PREX-1060A (Exam 4: Invigilated Theory Exam) exam? Download the most recent Humber College PREX-1060A braindumps with answers that are 100% real. After downloading the Humber College PREX-1060A exam dumps training , you can receive 99 days of free updates, making this website one of the best options to save additional money. In order to help you prepare for the Humber College PREX-1060A exam questions and verified answers by IT certified experts, CertsTopics has put together a complete collection of dumps questions and answers. To help you prepare and pass the Humber College PREX-1060A exam on your first attempt, we have compiled actual exam questions and their answers. 

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Exam 4: Invigilated Theory Exam Questions and Answers

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Question 1

A salesperson is representing a tenant client who is opening a new pet food store in a local strip plaza. The salesperson meets with their tenant to discuss display signage and review the guidelines in their commercial lease agreement. Which statement is NOT accurate regarding the commercial lease agreement's signage clause?

Options:

A.

The tenant's signage must be approved by the municipality and the landlord, and all associated costs shall be paid by the landlord.

B.

The tenant's signage is considered a trade fixture and shall remain the tenant's property.

C.

The tenant's signage shall be immediately removed at the end of their lease term(s) at the tenant’s expense.

D.

The tenant's signage, from approvals to installation and ongoing maintenance, shall be at thetenant's own expense.

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Question 2

Obtaining the size and boundaries of a commercial condominium unit is an important task for a salesperson. Which of the following statements regarding this task is NOT correct?

Options:

A.

An Ontario Land Surveyor can be hired to measure the space.

B.

Space should be measured in accordance with BOMA standards.

C.

An architect can be hired to measure the space.

D.

The original plans should be used to determine the size of a unit.

Question 3

A salesperson, who is representing a tenant, has completed a comparative market analysis (CMA) of the management fees charged, assessed on a square footage basis, at the different office buildings that their client is interested in leasing. The management fees vary across the comparable office buildings, and the tenant is interested to know why there is a difference. Which of the following is an accurate statement the salesperson can make about the difference in management fees between the buildings?

Options:

A.

The salesperson should tell their client that higher management fees charged for a building always indicates that the tenant is getting superior service and value.

B.

The salesperson should explain that a tenant occupying a smaller rentable area in a building pays higher management fees per square foot compared to a tenant with an average or larger rentable area.

C.

The salesperson should identify the reasons for high management fees charged for a building and determine the relative value it provides.

D.

The salesperson should tell the tenant that the Condominium Authority of Ontario regulates management fees charged by buildings as per their size.

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