Humber/Ontario Real Estate Course 1 Exam Practice

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Which statement is correct regarding houseboats?

  1. All houseboats must have a Marine Operator's Permit

  2. Houseboats are typically grouped under two categories: Owned and Leased

  3. If two people own a houseboat as joint tenants, the deceased's interest passes to the survivor upon death

  4. A residential houseboat would usually be docked at a private marina

The correct answer is: A residential houseboat would usually be docked at a private marina

A residential houseboat would usually be docked at a private marina. This statement is correct because residential houseboats are commonly docked at private marinas. Houseboats provide a unique living experience for individuals who enjoy being on the water, and docking at a private marina can provide amenities and services similar to those found in traditional neighborhoods. This option stands out as the correct answer compared to the other options provided.

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