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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What is the primary purpose of a zoning by-law in real estate?

Regulate property taxes
Determine ownership rights
Manage land use and development
Assess property values
Inspect building safety standards
Negotiate sale prices

The correct answer is: Manage land use and development

The primary purpose of a zoning by-law in real estate is to manage land use and development. Zoning by-laws define how land can be used, including specifying what types of buildings and structures can be built in specific areas, as well as regulating the density of development, setbacks, building heights, and more. Zoning by-laws play a crucial role in shaping the physical environment of a community and ensuring that different land uses are compatible with each other. Regulating property taxes, determining ownership rights, assessing property values, inspecting building safety standards, and negotiating sale prices are not the primary purposes of zoning by-laws in real estate.