HUMBER REAL ESTATE EXAMS SCRIPT 2026/2027
QUESTIONS AND SOLUTIONS RATED A+
✔✔whats a representation agreement - ✔✔an agreement made between a broker and
a client
✔✔what is an agreement of purchase and sale - ✔✔an agreement made to negotiate
the terms of sale between the buyer and the seller
✔✔what is a remuneration agreement - ✔✔the remuneration paid to the brokerage after
a deal is made
✔✔what is the difference between real property and personal property - ✔✔real
property is not only the physical property but the rights to the property as well whereas
personal property only refers to the tangible aspects of the property
✔✔what is a fixture - ✔✔elements of the home that cannot be removed
✔✔what is an example of a fixture - ✔✔lighting, outlets, pipes
✔✔what is a chattel - ✔✔something that would typically stay in the house after a sale
but can be removed if requested
✔✔what is an example of a chattel - ✔✔fridge, stove
✔✔what is a title search - ✔✔locating or condensing facts about the title or documents
related to it
✔✔what is a mortgage - ✔✔money borrowed from the provincial government to pay for
a property
✔✔example of bungalow - ✔✔my house
✔✔example of bi level home - ✔✔nannies old house
✔✔example of one and a half storey home - ✔✔nanas old house
✔✔example of two storey house - ✔✔ellas house, taylors house
✔✔example of split level house - ✔✔abbys house
✔✔example of semi detached house - ✔✔dylan o's house
✔✔example of townhouse - ✔✔jaelyns house
QUESTIONS AND SOLUTIONS RATED A+
✔✔whats a representation agreement - ✔✔an agreement made between a broker and
a client
✔✔what is an agreement of purchase and sale - ✔✔an agreement made to negotiate
the terms of sale between the buyer and the seller
✔✔what is a remuneration agreement - ✔✔the remuneration paid to the brokerage after
a deal is made
✔✔what is the difference between real property and personal property - ✔✔real
property is not only the physical property but the rights to the property as well whereas
personal property only refers to the tangible aspects of the property
✔✔what is a fixture - ✔✔elements of the home that cannot be removed
✔✔what is an example of a fixture - ✔✔lighting, outlets, pipes
✔✔what is a chattel - ✔✔something that would typically stay in the house after a sale
but can be removed if requested
✔✔what is an example of a chattel - ✔✔fridge, stove
✔✔what is a title search - ✔✔locating or condensing facts about the title or documents
related to it
✔✔what is a mortgage - ✔✔money borrowed from the provincial government to pay for
a property
✔✔example of bungalow - ✔✔my house
✔✔example of bi level home - ✔✔nannies old house
✔✔example of one and a half storey home - ✔✔nanas old house
✔✔example of two storey house - ✔✔ellas house, taylors house
✔✔example of split level house - ✔✔abbys house
✔✔example of semi detached house - ✔✔dylan o's house
✔✔example of townhouse - ✔✔jaelyns house
