Humber/Ontario Real Estate Course 2 Exam Practice

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Prepare for the Ontario Real Estate Course 2 Exam with our comprehensive practice tests. Study with flashcards, multiple choice questions, and detailed explanations to ensure you are ready for exam day!

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In real estate terms, what are chattels?

  1. Items attached to the building that are not part of the sale unless specified.

  2. Fixtures that cannot be removed after sale.

  3. Movable property items not considered real estate.

  4. Accessory buildings included in the sale.

  5. Items that remain with the property post-sale.

  6. Goods included with real property unless excluded by the seller.

The correct answer is: Movable property items not considered real estate.

In real estate, chattels are movable personal property items that are not considered part of the real estate. This distinction is important because while real estate refers to land and anything fixed to it (like buildings), chattels are not permanently attached and can be easily removed or transferred. The other options are not correct because they do not accurately describe the definition of chattels.