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 "dwelling unit" refer to in real estate?

Refers to multi-unit buildings only.
Describes a self-contained housing unit with habitable rooms.
Applies exclusively to horizontal divisions in a linked dwelling.
Describes units in street townhouses but not duplexes.
Refers only to studio apartments.
Describes corporate office spaces used for residential purposes.

The correct answer is: Describes a self-contained housing unit with habitable rooms.

The term "dwelling unit" in real estate refers to a self-contained housing unit with habitable rooms. This means it includes spaces such as living areas, bedrooms, bathrooms, and kitchens that are intended for residential living. Option A is incorrect because a dwelling unit is not limited to just multi-unit buildings; it can also refer to single-unit homes. Option C is incorrect as the term "dwelling unit" is not exclusively related to horizontal divisions within a linked dwelling, but rather the unit itself. Option D is also incorrect as dwelling units can include units in street townhouses and duplexes. Option E is incorrect because a dwelling unit is not limited to just studio apartments; it encompasses all types of residential units. Option F is incorrect as corporate office spaces used for residential purposes would not typically fall under the definition of a dwelling unit in real estate.