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Score Higher on Verified PREX-1060A | Exam 4: Invigilated Theory Exam Questions with Answers

Are you ready to take the Exam 4: Invigilated Theory Exam? To learn PREX-1060A exam questions, smart security solutions, and move IT forward, you need the Humber College PREX-1060A Certification. Whether you're making security rules for the whole company or working on hard problems, Humber College makes sure you're ready for anything. Crack4sure offers study materials and practice problems covering the exam syllabus for Humber College Courses, including Exam 4: Invigilated Theory Exam. Check for daily deals to get products that can help you pass.

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  • Exam Name: Exam 4: Invigilated Theory Exam
  • Last Update: 04-Dec-2025
  • Questions and Answers: 120
  • Single Choice: 120 Q&A's

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PREX-1060A Questions and Answers

Question # 1

A salesperson discusses with a buyer the potential advantages of purchasing brownfields for redevelopment. What is NOT an advantage for the buyer of a brownfield property?

A.

An owner who rehabilitates a brownfield property can receive tax incentives.

B.

The contaminants in brownfields contain precious metals that can be sold to earn additional income.

C.

Brownfield properties typically have the advantage of existing infrastructure such as roads, utilities, water/sewer servicing, schools, and transit facilities.

D.

Brownfield properties can often be purchased at well below their potential market value.

Question # 2

A brokerage negotiates the sale of a business on behalf of a seller. Which of the following documents must the brokerage provide to the buyer?

A.

A list of fixtures included in the sale

B.

A profit and loss statement for the real estate brokerage for the preceding 12 months

C.

A list of chattels excluded in the sale

D.

A statement of the assets and liabilities of the brokerage

Question # 3

A salesperson is assisting the buyer of a retail condominium with the due diligence process. What is a leading practice they should recommend to the buyer?

A.

Verify if there are any non-competition provisions that need to be satisfied as set out in thecondominium rules or bylaws.

B.

Ensure there is parking and repair space available for commercial trucks.

C.

Confirm that the contract of the condominium property management company has been renewed for at least 10 years.

D.

Obtain the existing status certificate from the brokerage to verify all restrictions, including shared premises with other businesses in the commercial condominium.

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