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Humber College Exam 4: Invigilated Theory Sample Questions:

1. If a retail unit has a usable area of 3,482 sq. ft. with a conversion rate of 1.1235, what would the tenant's rentable area be?

A) The retail tenant's rentable area would be 3,912 sq.ft.
B) The retail tenant's rentable area would be 3,482 sq. ft.
C) The retail tenant's rentable area would be 3,605 sq. ft.
D) The retail tenant's rentable area would be 3,073 sq.ft.

2. Established under the Farming and Food Production Protection Act, the Normal Farm PracticesBoard is composed of members appointed by the Minister of Agriculture, Food and Rural Affairs. Which statement is NOT accurate with regard to the Normal Farm Practices Board?

A) The Board can order farmers to cease practices that cause disturbances if they are not considered to be normal farm practices.
B) The Board can dismiss complaints if the disturbances are the result of normal farm practices.
C) The Board can conduct hearings that are heard by a minimum of five board members.
D) The Board can order farmers to modify practices for consistency with normal farm practices.

3. Salespersons are required to verify, wherever they can, information provided by landlords, such as zoning details and permitted uses. A salesperson is helping a major landlord to lease out a big retail mall that involves complex matters. Which of the following does NOT need third-party professional advice?

A) The maximum floor load of every unit
B) The total remuneration payable for a 20-year lease
C) The total area measurements
D) The number of sprinklers required in every unit

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

A) Recommend that the landlord obtain the professional services of a measuring company to obtain the figures
B) Use a laser measuring tool to take the measurements and use the R/U factor to calculate the figures
C) Use the R/U factor to calculate the figures
D) Use a laser measuring tool to take the measurements

5. The key mechanical components of commercial buildings include heating, cooling, and electrical systems.
Which of the following tasks is NOT usually completed by the salesperson?

A) Reviewing whether the technical components have been recently replaced or upgraded.
B) Contacting contractors for quotes for repairing or replacing equipment.
C) Learning what types of equipment are in the building and having a general understanding of their age and condition.
D) Ensuring inspections are being carried out as required.

Solutions: