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.

When dealing in a legal non-conforming use property, what should the buyer avoid to maintain that status?

Closing the store for an extended period
Making substantial renovations
Changing the type of business
Expanding product offerings
Increasing the business hours
Operating a similar business without change

The correct answer is: Closing the store for an extended period

When dealing with a legal non-conforming use property, it is essential for the buyer to avoid closing the store for an extended period to maintain that status. A legal non-conforming use property refers to a property that does not comply with the current zoning regulations but is allowed to continue because it was established before the zoning change. By closing the store for an extended period, the buyer may risk losing the legal non-conforming use status because it could be considered an abandonment of the non-conforming use. Therefore, to safeguard the legal non-conforming use status, it is crucial for the buyer to continue the current use without any prolonged interruptions.