Humber/Ontario Real Estate Course 3 Exam Practice

Which of the following is a correct statement about a property with a legal non-conforming use?

1. The current owner must comply with existing zoning requirements.

2. A legal non-conforming use will affect the buyer's intended use of the property.

3. The non-conforming use should not influence the decision to purchase the property.

4. The zoning of the property should be carefully investigated before purchase.

The correct answer is: The zoning of the property should be carefully investigated before purchase.

The correct statement regarding a property with a legal non-conforming use is that the zoning of the property should be carefully investigated before purchase. This is crucial because a legal non-conforming use means that the property is being used in a way that does not align with the current zoning regulations, yet it was legally established prior to those regulations changing. Understanding the specifics of the zoning can impact how a buyer can use the property in the future and may provide insight into any potential limitations or risks associated with maintaining the non-conforming use. Investigating the zoning ensures potential buyers are aware of any restrictions or permissions, which could significantly influence their investment decisions. It allows them to assess any future development possibilities, compliance with future zoning changes, and the likelihood of continuing the existing non-conforming use. The other options, while they contain relevant information about the implications of legal non-conforming uses, do not capture the essential importance of zoning investigation before purchasing the property. They also imply certain assumptions about ownership compliance and buyer intentions without prioritizing the fundamental aspect of understanding the zoning context.