Humber/Ontario Real Estate Course 3 Exam Practice

Which statement about parking arrangements for residential properties is correct?

1. Carports are typically only freestanding structures

2. Owners of shared driveways must have written agreements

3. On-street parking is rare in urban neighborhoods

4. Parking pads in front of houses do not require permits

5. Shared driveways are less common than private drives in urban areas

6. On-street parking is most common in rural areas

The correct answer is: Owners of shared driveways must have written agreements

The statement that owners of shared driveways must have written agreements is accurate because having a written agreement helps clarify the rights and responsibilities of each owner involved in the shared use of the driveway. Such agreements typically outline aspects such as maintenance responsibilities, access rights, and how the space can be used, which are essential for preventing disputes between neighbors. Having this formal agreement is particularly important in shared arrangements where multiple parties rely on a common space. It provides legal backing in the event of disagreements and ensures all parties are aware of their obligations. This practice is often recommended and sometimes required by local regulations depending on the municipality, making it a sound principle in residential property management. In contrast, the other statements may contain inaccuracies or misconceptions regarding the nature of parking arrangements in residential properties, such as the prevalence of on-street parking or requirements for permits.