Humber/Ontario Real Estate Course 2 Exam Practice

What does the term "dwelling unit" refer to in real estate?

1. Refers to multi-unit buildings only.

2. Describes a self-contained housing unit with habitable rooms.

3. Applies exclusively to horizontal divisions in a linked dwelling.

4. Describes units in street townhouses but not duplexes.

5. Refers only to studio apartments.

6. Describes corporate office spaces used for residential purposes.

The correct answer is: Describes a self-contained housing unit with habitable rooms.

The term "dwelling unit" in real estate refers to a self-contained housing unit with habitable rooms. This means it includes spaces such as living areas, bedrooms, bathrooms, and kitchens that are intended for residential living. Option A is incorrect because a dwelling unit is not limited to just multi-unit buildings; it can also refer to single-unit homes. Option C is incorrect as the term "dwelling unit" is not exclusively related to horizontal divisions within a linked dwelling, but rather the unit itself. Option D is also incorrect as dwelling units can include units in street townhouses and duplexes. Option E is incorrect because a dwelling unit is not limited to just studio apartments; it encompasses all types of residential units. Option F is incorrect as corporate office spaces used for residential purposes would not typically fall under the definition of a dwelling unit in real estate.