Ques1. What does CMHC stand for in the Canadian real estate market?




Ques2. Which type of property tax is based on the assessed value of a property?




Ques3. In which Canadian province or territory is the Real Estate Council of British Columbia responsible for regulating real estate professionals?




Ques4. What is the minimum number of directors required for a Canadian corporation?




Ques5. Which type of business structure provides limited liability to its owners in Canada?




Ques6. What is the federal agency responsible for regulating securities in Canada?




Ques7. Which of the following is NOT a typical closing cost associated with a real estate transaction in Canada?




Ques8. What is the term used for a legal document that outlines the rights and responsibilities of co-owners of a property in Canada?




Ques9. Which of the following is a type of zoning regulation in Canadian municipalities?




Ques10. What is the standard commission rate for real estate agents in most Canadian provinces?