QuestionJuly 31, 2025

A "subdivision" requiring registration withthe Real estate Commission includes: Converting an apartment building into 20 or more residential units. Converting an existing structure into 20 or more office condominiums Sale of a large parcel of land to a developer for immediate subdivision into residential lots. selling 20 or more campground memberships.

A "subdivision" requiring registration withthe Real estate Commission includes: Converting an apartment building into 20 or more residential units. Converting an existing structure into 20 or more office condominiums Sale of a large parcel of land to a developer for immediate subdivision into residential lots. selling 20 or more campground memberships.
A "subdivision" requiring registration withthe Real estate Commission includes:
Converting an apartment building into 20 or more residential units.
Converting an existing structure into 20 or more office condominiums
Sale of a large parcel of land to a developer for immediate subdivision into residential lots.
selling 20 or more campground memberships.

Solution
3.2(233 votes)

Answer

The correct options are: - Converting an apartment building into 20 or more residential units. - Converting an existing structure into 20 or more office condominiums. - Sale of a large parcel of land to a developer for immediate subdivision into residential lots. Explanation 1. Identify the criteria for a "subdivision" A "subdivision" typically involves dividing a larger property into smaller units or parcels that are intended for sale or lease. This can include residential, commercial, or recreational purposes. 2. Analyze each option - Converting an apartment building into 20 or more residential units fits the definition as it involves creating multiple residential units from a single structure. - Converting an existing structure into 20 or more office condominiums also fits the definition as it involves creating multiple commercial units. - Sale of a large parcel of land to a developer for immediate subdivision into residential lots is a direct example of subdivision. - Selling 20 or more campground memberships does not involve dividing property into separate units or parcels; rather, it involves selling access rights. 3. Determine which options require registration with the Real Estate Commission Options involving the creation of multiple units (residential or commercial) or subdividing land typically require registration due to the complexity and regulatory oversight involved in such transactions.

Explanation

1. Identify the criteria for a "subdivision"<br /> A "subdivision" typically involves dividing a larger property into smaller units or parcels that are intended for sale or lease. This can include residential, commercial, or recreational purposes.<br /><br />2. Analyze each option<br /> - Converting an apartment building into 20 or more residential units fits the definition as it involves creating multiple residential units from a single structure.<br /> - Converting an existing structure into 20 or more office condominiums also fits the definition as it involves creating multiple commercial units.<br /> - Sale of a large parcel of land to a developer for immediate subdivision into residential lots is a direct example of subdivision.<br /> - Selling 20 or more campground memberships does not involve dividing property into separate units or parcels; rather, it involves selling access rights.<br /><br />3. Determine which options require registration with the Real Estate Commission<br /> Options involving the creation of multiple units (residential or commercial) or subdividing land typically require registration due to the complexity and regulatory oversight involved in such transactions.
Click to rate:

Similar Questions