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BC STRATA PROPERTY MANAGEMENT LICENSING EXAM PRACTICE QUESTIONS AND CORRECT ANSWERS 100% VERIFIED!!!! ALREADY GRADED A+ LATEST UPDATE!!

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BC STRATA PROPERTY MANAGEMENT LICENSING EXAM PRACTICE QUESTIONS AND CORRECT ANSWERS 100% VERIFIED!!!! ALREADY GRADED A+ LATEST UPDATE!!

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BC STRATA PROPERTY MANAGEMENT LICENSING EXAM
PRACTICE QUESTIONS AND CORRECT ANSWERS 100%
VERIFIED!!!! ALREADY GRADED A+ LATEST UPDATE!!


Which of the following statements is TRUE regarding service agreements?

(1) Any strata council or executive member who has an interest in a strata service agreement must
promptly disclose the interest in order to participate and vote in relation to the agreement.

(2) It is the strata council, not the strata corporation, that has the legal capacity to enter into contracts
such as service agreements.

(3) Unlike a strata council or an executive on behalf of a separate section, an owner developer may not
enter into a service agreement.

(4) Before a strata corporation can enter into a service agreement, the expenditure must first be
authorized in the budget or be approved by a resolution. - (ANSWER)Answer: 4

Option (4) is true and is the correct answer. Option (1) is false. Any strata council or executive member
who has a direct or indirect interest in a strata management contract must promptly disclose the interest
and cannot participate or vote in relation to the contract. Option (2) is false; it is the strata corporation,
not the strata council, that has the capacity to enter into contracts. Option (3) is false; owner developers
may enter into service agreements provided that certain requirements are met.



Which of the following is NOT an example of a breach of contract?

(1) Don contracted with Toni to buy his car. The night before Don was supposed to pay the price and take
the car, the vehicle was struck by lightning in Toni's driveway and destroyed.

(2) After Babs contracted with Quin in May to rent his motorhome for one week in July, Quin telephoned
Babs and told her that he was going to be using the home himself that week, and that she would not be
able to rent it.

(3) Fred contracted with Jordan to sell Jordan his collection of hockey cards. One day later, Fred sold
them to Andrew, who paid him $15 more than the amount Jordan had agreed to pay.

(4) Adrian contracted to paint Woodie's house starting on September 1 for a price of $500. On
September 1, Adrian failed to appear and did not reply to any of the messages that Woodie left on
Adrian's answering machine. - (ANSWER)Answer: 1

Option (1) is correct because it is an example of frustration, rather than a breach of contract. Option (2)
is incorrect because it is an example of a breach of contract. After the contract was agreed to, Quin did
not fulfil his promise under the contract. Option (3) is incorrect because after the contract was agreed to,
Fred did not fulfil his promise under the contract. Option (4) is incorrect because after the contract was
agreed to, Adrian did not fulfil his promise under the contract.

,BC STRATA PROPERTY MANAGEMENT LICENSING EXAM
PRACTICE QUESTIONS AND CORRECT ANSWERS 100%
VERIFIED!!!! ALREADY GRADED A+ LATEST UPDATE!!


Coralee asked Tim to sell her car and her mountain bike for her while she was away on holiday. She gave
Tim the keys to the car and told him to accept any price in excess of $1,700 for the car, and to get at least
$300 for the bike. Which of the following is an example of Tim exercising implied authority?

(1) Tim sold the car to Cherise for $1,750.

(2) Before Cherise was willing to purchase the car, she insisted that she test drive the car and have it
checked by the automobile association, which Tim allowed her to do.

(3) When Cherise was viewing the car, she noticed a small roof rack sitting in Coralee's garage. She said
that she would like to buy the rack to carry her camping gear on Coralee's car. Tim said that he would
include the rack in the sale for an additional $75, to which Cherise agreed. When Coralee returned, she
told Tim that she was pleased that he had sold the rack, since she had no more use for it.

(4 - (ANSWER)Answer: 2

Option (2) is correct because the act of test driving the car and having it inspected is necessary in order
to enable Tim to carry out the express authority and is incidental to that authority. It is therefore an
example of implied authority. Option (1) is incorrect because it is an example of express authority.
Option (3) and (4) are incorrect because they are examples of acts that Tim does not have actual or
apparent authority to do. Therefore, authority cannot be implied for these acts.



Which one of the following terms does NOT describe a construction type used in multi-family housing?

(1) Wood stud frame

(2) Concrete framing

(3) Vaultedceiling

(4) Steel studs and concrete topping - (ANSWER)Answer: 3

Option (3) is correct because vaulted ceiling is not a construction type used in multi-family housing.
Options (1), (2), and (4) are incorrect.



Which of the following statements regarding the holding of a special general meeting (SGM) is TRUE?

(1) The strata council cannot call an SGM.

(2) Owners who hold at least 10% of the votes in a strata corporation may requisition an SGM.

(3) Notice of an SGM may be given verbally.

,BC STRATA PROPERTY MANAGEMENT LICENSING EXAM
PRACTICE QUESTIONS AND CORRECT ANSWERS 100%
VERIFIED!!!! ALREADY GRADED A+ LATEST UPDATE!!


(4) Even if a strata corporation fails to properly give notice of an SGM to a person entitled to notice, a
resolution passed at that meeting may still have full force and effect. - (ANSWER)Answer: 4

Option (4) is true and is the correct answer; section 47 of the Strata Property Act provides that as long as
the strata corporation has made a reasonable attempt to give notice of the meeting to the person
entitled to notice, the failure to give proper notice of the AGM or SGM does not invalidate a vote taken
at the meeting. Option (1) is false; in addition to annual general meetings (AGMs), the strata council is
permitted to call special general meetings (SGMs). Option (2) is false; owners must hold at least 20% of
the strata corporation's votes (not 10%) in order to requisition an SGM. Option (3) is false; the Strata
Property Act requires that notice of the AGM and any SGM be provided in writing.



Which of the following statements about the principle of indefeasibility in British Columbia is TRUE?

(1) Legal mortgages are guaranteed by the principle of indefeasibility, but equitable mortgages are not.

(2) The principle of indefeasibility provides that, where a buyer deals with a registered charge holder, the
buyer will acquire a good title.

(3) There are a number of exceptions to the principle of indefeasibility.

(4) The principle of indefeasibility is consistent with the common law doctrine of the void deed. -
(ANSWER)Answer: 3

Option (3) is correct because section 23 of the Land Title Act contains 10 exceptions to the principle of
indefeasibility. Option (1) is incorrect because neither legal nor equitable charges are guaranteed by the
principle of indefeasibility. Option (2) is incorrect because the principle of indefeasibility only provides
that a good-faith purchaser can rely completely on the ownership shown on the certificate of title, and
can acquire good title upon registration, even though there are defects in the vendor's registered title.
Option (4) is incorrect because the principle of indefeasibility overrules the common law doctrine of the
void deed.



Which of the following statements is TRUE regarding BC's Personal Information Protection Act (PIPA)?

(1) Once a strata corporation obtains an individual's consent for the collection, use, or disclosure of their
personal information, the strata corporation may use that information for any and all strata purposes.

(2) PIPA, in combination with other relevant legislation, requires strata corporations to collect as much
information as possible from individual strata lot owners and tenants in the interest of efficiency.

(3) In general, strata corporations may charge a minimal fee if owners and tenants request access to
their own personal information and disclosure about how the information has been used.

, BC STRATA PROPERTY MANAGEMENT LICENSING EXAM
PRACTICE QUESTIONS AND CORRECT ANSWERS 100%
VERIFIED!!!! ALREADY GRADED A+ LATEST UPDATE!!


(4) An employee's contact information and information produced during the course of their work is part
of that employee's personal information. - (ANSWER)Answer: 3

Option (3) is true and is the correct answer. Option (1) is false; once consent is obtained, the individual's
personal information may only be used for its original purpose. If a strata corporation intends to use the
information for a new purpose, additional consent is required. Option (2) is false; strata corporations
should only collect the minimum amount of information necessary to fulfill their obligations under the
Strata Property Act or other relevant legislation. Option (4) is false; an employee's contact information
and information prepared or produced by employees during the course of their work is not a part of that
employee's personal information.



Which of the following is NOT a method of measuring density in zoning bylaws?

(1) Total floor area of the building in relation to the size of the lot

(2) Floor area ratio

(3) Number of dwelling units per hectare

(4) Prescribing the maximum lot area per dwelling - (ANSWER)Answer: 4

Option (4) is correct because density can be measured by prescribing the minimum lot area per dwelling,
not the maximum. Options (1), (2), and (3) are incorrect because density can also be measured in terms
of the total floor area of the building in relation to the size of the lot, otherwise known as the floor space
ratio, and by measuring the number of dwelling units per hectare.



Which one of the following is NOT a rationale for government regulation of land use?

(1) Protection of property values

(2) Public health and safety

(3) Limiting the power of land developers

(4) Conservation of natural resources - (ANSWER)Answer: 3

Option (3) is correct because limiting land developer powers is not an example of a general social or
technical consideration that informs government regulation of land use. Option (1) is incorrect because
protection of property values is the rationale behind subdivision controls, which is a type of government
regulation of land use. Option (2) is incorrect because public health and safety is the rationale behind
regulations controlling building codes for adequate sanitation and preventing fire hazards. Option (4) is
incorrect because the conservation of natural resources is one rationale behind zoning bylaws.

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