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Last Updated: Sep 23, 2026
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Humber College PREX-1060A Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Property Development and Land Use | - Development Analysis
|
| Topic 2: Commercial Property Types | - Industrial Properties
|
| Topic 3: Financial Analysis | - Commercial Financing
|
| Topic 4: Commercial Property Transactions | - Commercial Property Sales
|
Humber College Exam 4: Invigilated Theory Sample Questions:
A salesperson is representing a commercial landlord in a lease negotiation. The landlord wants to sign back the offer with a higher rent. What should the salesperson make the landlord aware of regarding the rent increase?
- A. The rent increase cannot be higher than the guideline set by the government.
- B. The rent increase cannot be more than the Consumer Price Index (CPI).
- C. The rent increase can be challenged by the Landlord and Tenant Board.
- D. The rent increase can be any amount.
Correct Answer: D 🗳️
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 tenant's assets due to theft from their employees or third parties.
- B. 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.
- C. 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.
- 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: 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. Loading docks are only used to off-load products or raw materials.
- C. Flat roofs are designed to be flat to hold water.
- D. Bay depth is an important consideration when determining the layout of an industrial process.
Correct Answer: D 🗳️
Which of the following statements regarding Building Owners and Managers Association (BOMA) standards is correct?
- A. The BOMA standards provide methods of measuring office buildings only.
- B. The BOMA standards provide procedures to measure rentable areas only.
- C. The BOMA standards are complex.
- D. The BOMA standards provide methods of measuring industrial buildings only.
Correct Answer: A 🗳️
Which of the following is NOT determined by zoning bylaws?
- A. The types of buildings that are permitted in a location, their height, and how they may be used
- B. Lot dimensions and parking requirements
- C. The amount of rent a building may generate
- D. Where buildings and other structures may be located
Correct Answer: C 🗳️
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