Humber/Ontario Real Estate Course 1 Exam Practice

What information is a salesperson most likely seeking by asking for a recent property survey?

1. The zoning classification

2. The number of current owners

3. The lot dimensions

4. The appraised value

5. The legal name of the seller

6. The annual property taxes

The correct answer is: The lot dimensions

When a salesperson asks for a recent property survey, they are primarily interested in determining the lot dimensions. A property survey provides detailed measurements and boundaries of the land, which are essential for various purposes, including confirming the size of the lot, planning for potential improvements, or addressing any boundary disputes. Understanding the exact dimensions of the property allows the salesperson to accurately inform buyers and assist in pricing, marketing, and negotiating aspects of the sale. The other options, while relevant in different contexts, do not directly relate to the primary purpose of a property survey. Zoning classifications, for example, are typically found through municipal records rather than a survey. The number of current owners and the legal name of the seller might be obtained through title searches or public records, while appraised value and annual property taxes are often determined from financial assessments or tax records, not from a physical property survey. Therefore, the correct focus on lot dimensions reflects the most pertinent information that a recent survey would provide.