Humber/Ontario Real Estate Course 2 Exam Practice

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What material must a condominium board typically review?

  1. Engineering reports on structural integrity

  2. Market analysis reports on similar properties

  3. City infrastructure plans

  4. Historical property tax data

  5. Demographic studies of the surrounding area

  6. Local restaurant reviews

The correct answer is: Engineering reports on structural integrity

Condominium boards typically must review engineering reports on structural integrity. This is crucial for ensuring the safety and maintenance of the condominium building. The engineering reports provide valuable information on the condition of the building's structure, identifying any potential issues that may need to be addressed. Market analysis reports, city infrastructure plans, historical property tax data, demographic studies, and local restaurant reviews are not typically required materials for a condominium board to review.

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