REAL 4000 UGA Dietz Final Exam | Latest Update | 2024/2025 | 100% Verified
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REAL 4000 UGA Dietz
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REAL 4000 UGA Dietz
REAL 4000 UGA Dietz Final Exam |
Latest Update | 2024/2025 | 100% Verified
What is investment value in real estate?
Investment value refers to the value of a property to a particular investor based on individual
investment criteria and objectives.
What is the purpose of a property tax a...
REAL 4000 UGA Dietz Final Exam |
Latest Update | 2024/2025 | 100% Verified
What is investment value in real estate?
✔✔ Investment value refers to the value of a property to a particular investor based on individual
investment criteria and objectives.
What is the purpose of a property tax assessment?
✔✔ A property tax assessment determines the value of a property for the purpose of calculating
property taxes.
What is a capitalization rate?
✔✔ The capitalization rate is used to estimate the return on investment for a property by dividing
the net operating income by the current market value.
What is tenant improvement allowance?
✔✔ Tenant improvement allowance is the amount of money a landlord agrees to spend to
modify or improve leased space for a tenant.
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,What is a ground lease?
✔✔ A ground lease is an agreement where a tenant is permitted to develop a piece of land during
the lease period, after which the land and all improvements revert to the property owner.
What is the difference between fee simple and leasehold estates?
✔✔ Fee simple is full ownership of a property, while leasehold estates provide the right to use
the property for a specified period under a lease agreement.
What does cash-on-cash return measure?
✔✔ Cash-on-cash return measures the annual return on investment, calculated by dividing cash
flow by the initial cash investment.
What is building residual technique?
✔✔ The building residual technique is a method of property valuation that separates the land
value from the building value to determine the profitability of the building alone.
What is the role of a general contractor in real estate development?
✔✔ A general contractor is responsible for overseeing and managing the construction of a real
estate project, coordinating all aspects of the build.
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,What is highest and best use in property valuation?
✔✔ Highest and best use is the most profitable legal use of a property that is physically possible
and financially feasible.
What is a blanket mortgage?
✔✔ A blanket mortgage covers more than one piece of property and allows for the release of
individual parcels from the mortgage as they are sold.
What is REIT (Real Estate Investment Trust)?
✔✔ A REIT is a company that owns, operates, or finances income-generating real estate and
offers shares to investors.
What is equity buildup in real estate?
✔✔ Equity buildup is the increase in a property owner's equity as mortgage payments are made
and the property value appreciates.
What does lease escalation clause refer to?
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, ✔✔ A lease escalation clause allows for periodic increases in rent over the term of the lease,
often tied to inflation or market rates.
What is debt coverage ratio (DCR)?
✔✔ Debt coverage ratio measures a property's ability to cover its debt obligations, calculated by
dividing net operating income by total debt service.
What is the purpose of a quiet enjoyment clause in a lease?
✔✔ A quiet enjoyment clause ensures that the tenant can use the property without interference
from the landlord or third parties.
What is a syndication in real estate investing?
✔✔ Syndication in real estate investing involves pooling resources from multiple investors to
acquire larger properties or investments.
What is a triple net lease (NNN)?
✔✔ A triple net lease is a lease agreement where the tenant agrees to pay all real estate taxes,
building insurance, and maintenance costs in addition to rent.
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