REE 3043 Exam with Complete Solutions with 100% Guarantee Pass
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REE 3043
REE 3043 Exam with Complete Solutions with 100% Guarantee Pass
The promotion and marketing of space to neighboring users is termed: - Answer-Concentric marketing
The development of a recognizable logo which ties all advertising and promotional material together is an example of what the text...
REE 3043 Exam with Complete
Solutions with 100% Guarantee
Pass
The promotion and marketing of space to neighboring users is termed: - Answer-
Concentric marketing
The development of a recognizable logo which ties all advertising and promotional
material together is an example of what the text calls: - Answer-thematic image
marketing
some experts believe that ___of those who sign leases do so because they received a
favorable impression when viewing the property. - Answer-50%
The primary guidelines for evaluating the quality of prospective tenants include
examining: - Answer-tenant's creditworthiness
tenant's compatibility with existing tenants
tenant's permanence potential
The value of the leased fee estate is equal to: - Answer-the value of the fee simple
estate minus the value of the leasehold estate
A % of rent, or overage rent, is paid on gross sales receipts over a predetermined sales
figure - Answer-True
Sometimes commercial lease rentals are tied to an index, usually the consumer price
index - Answer-True
In a net net lease, the lesses are obligated to pay both property taxes and insurance
premiums - Answer-true
Lessees may pay all operating expenses, including repairs and maintence in a tri net
lease - Answer-true
a benefit to a corporation participating in a sale-and-leaseback deal includes receiving
low cost funds to invest in main line products - Answer-true
an example of contract provision which limits the leesors exposure to unanticipated
expenses is an expense stop - Answer-true
, landlords can have right of entry to maintain and market the apartment - Answer-true.
they must let you know 12 hours in advance. can't come in unannounced
A sublet of a lease involves the sale of part of the lessees' rights where the original
lessees become lessors and the parties have a sandwich lease. - Answer-True
valid and enforceable lease must contain a description of the property - Answer-true
property management contracts est a fiduciary relationship between the owner and the
manager - Answer-true
Chapter 9.....real estate market functions - Answer-allocating existing space among
those who demand space
supplying, adapating space to meet changing needs
determining land uses
Similar land uses tend to occupy similar locations. - Answer-true. the tendency to
agglomerate = economic zoning
When does the city get the authority to take your land? - Answer-u.s. constitution 5th
ammendment last sentence
1. Public Purpose
2. Must pay just compensation
Asset Manager - Answer-Analyze.
Advise. Asset acquisition, renovation, sale decisions affect owner's portfolio affect
asset's price or expected return. Property investment values or expected returns. Hiring
property manager. Maintenance and prop conditions
Property Managers - Answer-The day to day operations of the assets.
Rent collection, marketing and tenant administration, property maintance and insurance,
accounting operations
Creating Cash Flow through management of r. e. - Answer-1. Focusing on the objective
of generating income and eliminating excess expenses
2. Understanding the target market thereby making occupancy and rent levels
maximized
3. Responding to changes in market conditions by making physical renovations and
repostioning properties
Relations with space users involve - Answer-1. Tenant selection policy
2. Tenant relations program
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