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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Which statement is incorrect regarding properties designated as heritage properties?

Approval from the municipal council is needed for alterations.
Heritage properties are easier to renovate, as interior alterations are unaffected by the heritage designation.
The buyer may need to obtain written municipal consent for certain changes.
Heritage designation can impact the intended use of the property.
There might be additional costs related to complying with heritage guidelines.
Altering the exterior of the property often requires municipal approval.

The correct answer is: Heritage properties are easier to renovate, as interior alterations are unaffected by the heritage designation.

The statement that heritage properties are easier to renovate because interior alterations are unaffected by the heritage designation is incorrect. In reality, heritage designation can impact both the interior and exterior of the property. While it is true that alterations to the exterior often require municipal approval due to the historical importance and preservation of the property, interior changes may also be subject to restrictions and approvals to maintain the historical integrity of the building. Heritage properties may have specific guidelines and restrictions that apply to both interior and exterior alterations, making renovations potentially more complex and costly than on non-heritage properties.