Humber/Ontario Real Estate Course 4 Exam Practice

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Prepare for the Humber/Ontario Real Estate Course 4 Exam. Test your knowledge with quizzes and gain valuable insights into real estate concepts, regulations, and practices essential for your success in the industry.

Practice this question and more.

If a property maintains its commercial status under new residential zoning laws, what is it called?

Legal non-conforming use.
Non-conforming structure.
Conditional variance.
Temporary provision.
Holding property.
Transitional zoning.

The correct answer is: Legal non-conforming use.

A legal non-conforming use is when a property maintains its commercial status under new residential zoning laws. This means the property was being used for commercial purposes before the new zoning laws were put in place and is allowed to continue operating as such. The other options, such as non-conforming structure, conditional variance, temporary provision, holding property, and transitional zoning, do not accurately describe this concept. A non-conforming structure refers to a building not meeting current building codes, a conditional variance refers to a temporary change in zoning, a temporary provision is a short-term solution, holding property refers to land being kept for investment purposes, and transitional zoning is a temporary zoning designation. Therefore, these options are incorrect in the context of maintaining commercial status under new residential zoning laws.