Purchase Humber College : PREX-1060A Exam Materials and then pass exam easily
Updated: Sep 26, 2026
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Humber College PREX-1060A Exam Overview:
| Certification Vendor: | Humber College |
|---|---|
| Exam Name: | Exam 4: Invigilated Theory Exam |
| Exam Number: | PREX-1060A |
| Related Certifications: | Real Estate Salesperson Program |
| Exam Duration: | 180 minutes |
| Available Languages: | English |
| Exam Format: | Invigilated Theory Exam, Multiple Choice |
| Sample Questions: | Humber College PREX-1060A Sample Questions |
| Exam Way: | Online remotely invigilated examination through the Meazure Learning platform. |
| Pre Condition: | Completion of the required Humber Real Estate Program course prerequisites before scheduling the examination. |
| Official Syllabus URL: | https://realestateprograms.humber.ca/search/publicCourseSearchDetails.do?courseId=17712&method=load |
Humber College PREX-1060A Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Property Development and Land Use | - Taxation and Regulatory Considerations
|
| Financial Analysis | - Business Financial Review
|
| Commercial Property Transactions | - Commercial Property Sales
|
| Commercial Property Types | - Retail and Office Properties
|
Humber College Exam 4: Invigilated Theory Sample Questions:
Which of the following accurately describes a landlord's commercial property insurance coverage?
- A. A landlord's commercial property insurance policy should cover the loss of the property's equity due to a change in market conditions or to a recession.
- B. A landlord's commercial property insurance policy should cover the loss of rental income in the event of a fire, for the period the premises is vacant while repairs are made.
- C. A landlord's commercial property insurance policy should cover the loss of the tenant's assets due to theft from their employees or third parties.
- D. A landlord's commercial property insurance policy should cover the loss of the tenant's assets and income due to business interruption as the result of a fire or flood.
Correct Answer: B 🗳️
Examples of properties which would warrant a Phase 2 environmental assessment may include heavy industrial sites. Which of the following is NOT an example of a heavy industrial use?
- A. Petroleum storage and distribution sites
- B. Chemical manufacturers
- C. Power stations
- D. Computer training institute
Correct Answer: D 🗳️
In regard to cash flow into and out of a business, which of the following is correct?
- A. Sales proceeds cash flow does not affect investor decisions.
- B. Operating cash flow is used when determining yield on an investment property, while sales proceeds cash flow is not used for this purpose.
- C. Operating cash flow can be positive or negative.
- D. Sales proceeds cash flow is used when determining yield on an investment property, while operating cash flow is not used for this purpose.
Correct Answer: C 🗳️
Which of the following statements about industrial building components is correct?
- A. Floor load refers to the weight of the building during construction.
- B. Flat roofs are designed to be flat to hold water.
- C. Loading docks are only used to off-load products or raw materials.
- D. Bay depth is an important consideration when determining the layout of an industrial process.
Correct Answer: D 🗳️
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. Contacting contractors for quotes for repairing or replacing equipment.
- B. Reviewing whether the technical components have been recently replaced or upgraded.
- C. Ensuring inspections are being carried out as required.
- D. Learning what types of equipment are in the building and having a general understanding of their age and condition.
Correct Answer: A 🗳️
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