Practice Test Flashcards
As part of a showing of a showing with a buyer client, salesperson Dailal notices a distinct change in floor height between the family room and a sunroom at the back of the house. The seller explains that the sunroom addition was part of a renovation several years ago, and it complies with Ontario Building Code standards. Which of the following statements is accurate concerning the sunroom addition.
a. If the sunroom complies with the OBC, a building permit wasn’t necessary.
b. Since the sunroom is not part of the original structure of the home, it is exempted from building permit requirements.
c. If there was any trouble with the sunroom structure in the future, the buyer always has a recourse against the seller for remedies to repair or fix the issue.
d. A building permit was required for the addition and proof of it should be requested prior to submitting an offer.
D
Green Building:
a. involves the recommended use of non-toxic building materials.
b. is focused exclusively on energy efficiency resulting from mechanical systems in houses.
c. refers to formal set of standards when constructing a house in Ontario.
d. applies to residential construction, but the term is not used with commercial construction.
A
Which of the following is NOT one of the inspection services provided by the electrical safety authority?
a. Acceptance Certificates certificates
b. General Inspections
c. Wiring Inspections
d. Building Inspection
D
Which is the following is correct regarding National Do Not Call List? (DNCL)?
a. If a Buyer Clancy bought a property (as a client of yours) 36 month ago, you have permission to contact them as this is an existing business relationship according to the DNCL
b. The National DNCL applies to all businesses including real estate brokerages and there are no exemptions to the federal legislation.
c. If buyer Weatherspoon attends your open house and signs an agreement to be contact that buyer even is she is registered on the National Do Not Call List.
d. Provisions in REBBA specifically address the National Do Not Call List to ensure National Do not Call List compliance.
C
Which of the following is NOT correct regarding the Energuide Program?
a. Identifies energy consumption levels for various types of electrical equipment.
b. Identifies energy consumption levels for heating, ventilation and air conditioning (HVAC) systems.
c. Identifies energy consumption levels for existing houses.
d. Identifies the most energy efficient products in the marketplace.
D
Various restrictions apply to contracting consumers when promoting your services or your listings. This is addressed by the National Do Not Call List (DNCL) and Canada’s Anti-SPAM Legislation (CASL). Which of the following is NOT correct?
a. Consumers are automatically added to the National DNCL and can opt-in to receiving call by request.
b. CASL applies to contacting consumers by electronic messages.
c. A salesperson has permission to send a commercial electronic message to a consumer who has given express or implied consent.
d. Consumer who gave given express or implied consent
A
Which of the following warranty protections continue for seven years under the new home warranty program provided by Tarion Warranty Corporation?
a. Leaking casement windows because the cranks won’t close property.
b. A defect involving the main electrical panel.
c. Failure of a column supporting the archway between living room and dining room.
d. Exterior vinyl siding which becomes loose with some pieces fall off.
C
Owner Hockey has retained a certified environmental site assessor to inspect a commercial property. If resulting research, review of background documents and formal assessment report identify the possibility of contamination, the next step needed is a:
a. Phase 1 Environmental Site Assessment.
b. Phase 3 Environmental Site Assessment.
c. Phase 2 Environmental Site Assessment.
d. Phase 4 Environmental Site Assessment.
C
Owner Conley had water damage to personal effects, as a result of a roof defect that occurred during as a result of a roof defect that occurred during the first 20 months of the Tarion Warranty Corporation coverage. The problem arose from a faulty roof vent installation that resulted in water leaking into a closet area immediately below the vent, which damaged clothing stored in the closet. In this instance,
a. the defect would be covered, but the secondary damage involving the clothing would not defect would not.
b. The defect would not be covered, as warranty protection relating to water damages only applies for the year, as warranty protection relating to water damage only applies for the last year.
c. The defect would be covered if the leak occurred anything during the 7-year warranty period.
d. The defect would be covered and owner Longley would also receive compensation for clothing damage.
A
The National DNCL legislation and related restrictions:
a. exclude real estate registrants if the purpose of such calls is to inform residential consumers, who have registered under DNCL, about available listing for sale.
b. pertain to residential telephone land lines, but do not apply to residential cell phones.
c. apply to all organizations who call consumers.
d. exclude business consumers.
D
Salesperson Lam sold a residential investment property to investor Hawkins during the past year. Yesterday, Salesperson Lam listed a similar property that he knows would be of interest to Hawkins. Salesperson Lam:
a. will have to first ask investor Hawkins to send an email requesting the information.
b. does not require consent to send listing details by email, as he and Hawkins have an existing lousiness relationship within the past 2 years.
c. should not do anything until he contacts his employing brokerage to see if there is already an express consent on file for Investor Hawkins.
d. must first obtain express consent from Investor Hawkins to send the the listing details by email.
B
Seller Bolton, as US citizen, acquired a cottage on North Lake, same years ago, and has listed the property for sale. The prospective buyer is concerned about any tax implications, as the property is owned by a non-resident sellers & tax obligations:
a. no tax is payable by non-residents for capital gains realized on the sale of Canadian property.
b. the buyer has no liability in the regard.
c. The income tax Act imposes a tax liability on the buyer for taxes owed by a non-resident seller of Canadian real estate if the seller fails to pay such taxes.
d. the buyer can sign a non-residency deflations on behalf of the seller.
C
There are several protected areas in Ontario where various plans work in combination to prevent urbanization.
Which is not one of these plans?
a. the greenbelt Plan.
b. the Great Lakes Conservation Plan.
c. the Oak Ridges Moraine Conservation Plan.
d. the Niagara Escapement Plan.
B
Plant and animal species are categorized under endangered species Act. Which is NOT one of theses categories?
a. Extinct
b. Extirpated
c. Threatened
d. Endangered
A
As a merely registered salesperson at ABC Realty Inc. Amy is completing cold calls, and one homeowner who had a ‘For Sale By Owner’ sign on her lawn last year for a short time and has been contacted multiple times by other salespeople of Amy’s brokerage. She mentions has expressly asked to not be called again. How should Amy respond?
a. In order to stop receiving calls, Amy suggests that the homeowner should register on the DNCL
b. Inform the homeowner that his/her contact number will be added to the brokerage’s DNCL to prevent future unwanted calls.
c. Tell the homeowner that, because she place the For sale by Owner’s sign on the lawn within the last year, local real estate salespersons can continue to contact her.
d. Inform the homeowner that, in order to stop receiving calls, he or she should submit a written request to the broker of record.
B