A brokerage negotiates the sale of a business on behalf of a seller.

Vendor: Humber College
Product: PREX-1060A
Update on: Jan 2, 2026
Questions: 120

Humber College PREX-1060A Question Answer

A brokerage negotiates the sale of a business on behalf of a seller. Which of the following documents must the brokerage provide to the buyer?

A list of fixtures included in the sale

A profit and loss statement for the real estate brokerage for the preceding 12 months

A list of chattels excluded in the sale

A statement of the assets and liabilities of the brokerage

Humber College PREX-1060A Summary

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