BC Real Estate Trading Services Licensing Exam Practice · Question
Scenario 11: Which form discloses material latent and patent defects known by a seller of a strata unit?
The Property Disclosure Statement (Strata) records facts about the property known to the seller. The correct answer is "Property Disclosure Statement – Strata".
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Question: Scenario 11: Which form discloses material latent and patent defects known by a seller of a strata unit?
Answer options: ✅ Property Disclosure Statement – Strata
- Form B
- Form F
- Information Certificate
Correct answer: Property Disclosure Statement – Strata
Explanation: The Property Disclosure Statement (Strata) records facts about the property known to the seller. The correct answer is "Property Disclosure Statement – Strata". This capacity-fill scenario 11 reinforces the same competency for the bc-real-estate bank and follows the certified explanation standard.
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Question explanations
- A developer, Grandview Developments Ltd., plans to build a new condominium project in Kelowna. They register a
- Michael, a real estate licensee, is assisting his client Jane in purchasing a commercial property at 123 Main
- A buyer, David, has entered into a Contract of Purchase and Sale for a vacant lot in Tofino. David's lawyer di
- Maria is purchasing a unit in a newly constructed strata building in Squamish. Her real estate licensee, Ken,
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