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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Which of the following is NOT correct regarding chattels and fixtures?

Fixtures are typically included when drafting an agreement of purchase and sale.
A portable barbecue on a deck is a chattel.
A moveable piece of furniture is a chattel.
Chattels are usually included when drafting an agreement of purchase and sale.

The correct answer is: A portable barbecue on a deck is a chattel.

The correct answer is B. A portable barbecue on a deck is considered a fixture, not a chattel. Fixtures are items that are attached to the property and are typically included in the sale unless specifically excluded in the agreement of purchase and sale. Chattels, on the other hand, are movable items that are not permanently attached to the property. Option A is incorrect as fixtures are usually included, not excluded, when drafting an agreement of purchase and sale. Option C is incorrect as a moveable piece of furniture is considered a chattel. Option D is also incorrect because chattels may or may not be included in the agreement of purchase and sale depending on what is specified in the contract.