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.

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What is the primary reason for ensuring a building permit was issued for an accessory apartment?

  1. To reassess property taxes.

  2. To confirm compliance with safety and building codes.

  3. To adjust the property’s market value.

  4. To verify the number of occupants permitted.

  5. To calculate rental income.

  6. To update property records.

The correct answer is: To confirm compliance with safety and building codes.

The primary reason for ensuring a building permit was issued for an accessory apartment is to confirm compliance with safety and building codes. Building permits are required to ensure that any construction or renovation work meets the necessary safety standards and building codes. This is crucial to protect the health, safety, and well-being of the occupants of the accessory apartment as well as the overall property. By obtaining a building permit, it ensures that the construction or renovation work has been inspected and approved by the relevant authorities, giving peace of mind to both the property owner and potential tenants.