Humber/Ontario Real Estate Course 1 Exam Practice

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What components make up a PIN in the POLARIS system?

  1. Alphabetic neighborhood prefix and property number

  2. Block number and property index number

  3. Three-part identifier: regional, block, and index numbers

  4. Commercial property code

  5. Universal property tag

  6. Street address and postal code

The correct answer is: Block number and property index number

In the POLARIS system, a PIN consists of a block number and a property index number. The block number represents the area within a specific neighborhood, while the property index number identifies the individual property within that block. This combination allows for unique identification of properties within the system. The other options are incorrect because: - Option A (Alphabetic neighborhood prefix and property number) does not accurately represent what components typically make up a PIN in the POLARIS system. - Option C describes a three-part identifier which is not the standard format for a PIN in the POLARIS system. - Option D (Commercial property code) is not a standard component of a PIN in the POLARIS system. - Option E (Universal property tag) is not a component of a PIN in the POLARIS system. - Option F (Street address and postal code) is not the standard format for a PIN in the POLARIS system.