Humber/Ontario Real Estate Course 3 Exam Practice

What should a buyer do if they want to convert a property into a multiple-family dwelling but current zoning does not permit it?

1. Insert current zoning in agreement's space for present use

2. Include a condition allowing time for re-zoning application

3. Note in agreement that the present use cannot lawfully continue

4. Leave the space for present use blank

5. Confirm the conversion is possible without re-zoning

6. Consider properties in areas with similar zoning

The correct answer is: Include a condition allowing time for re-zoning application

If a buyer wishes to convert a property into a multiple-family dwelling but the current zoning does not permit it, the most appropriate course of action would be to include a condition allowing time for a re-zoning application, as stated in option B. By including this condition in the agreement, the buyer can give themselves the necessary time to apply for a re-zoning of the property to a designation that allows for a multiple-family dwelling. This approach demonstrates foresight and proactive planning on the part of the buyer to ensure that their intended use for the property is in compliance with local zoning regulations. Options A, C, D, and E are not the most effective courses of action in this scenario. Option A suggests inserting the current zoning in the agreement, which does not address the issue of wanting to convert the property. Option C notes that the present use cannot lawfully continue, but it falls short of providing a proactive solution. Option D of leaving the space for present use blank or option E of confirming the conversion without re-zoning do not address the need to align the property use with zoning regulations. Option F of considering properties in areas with similar zoning may not be the best solution if the buyer is specifically interested in the property in question. Opting for