Humber/Ontario Real Estate Course 2 Exam Practice

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Prepare for the Ontario Real Estate Exam with our comprehensive Humber Course 2 Exam Practice quiz. Engage with multiple choice questions and detailed explanations, designed to help you excel.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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What does the term "chattels" refer to when listing property for sale?

Permanent fixtures such as lighting.
Moveable personal property like furniture.
All items within the house.
Structural components of the house.

The correct answer is: Moveable personal property like furniture.

When listing a property for sale, the term "chattels" specifically refers to moveable personal property like furniture. This distinction is important as it helps to differentiate between items that are included in the sale of the property (real property) and items that are considered personal belongings of the seller and can be taken with them when they move (chattels). Option A, permanent fixtures such as lighting, usually fall under the category of real property and are typically included in the sale unless specified otherwise in the listing agreement. Option C, all items within the house, is too broad of a category as it may include both real property and chattels. Option D, structural components of the house, refers more to the physical aspects that are permanently attached to the property and are considered part of the real estate rather than moveable chattels.