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Champions Commercial Real Estate- SAE questions and answers graded A+ 2024/2025
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Champions Commercial Real Estate- SAE questions and answers graded A+ 2024/2025
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Champions Commercial Real Estate-SAE
Buffer Zone - ANSan region of land separating one land use from some other
Variance - ANSpermission to violate the guidelines
Police Power - ANSthe proper of the government to modify and manipulate the manner land
is used
Downsizing - ANSChanging the zoning of a belongings to decrease the value use
Zoning - ANSthe maximum not unusual example of police power
Texas Property Code - ANSarranges Texas Statute Law into a logical order, making it more
accessible and comprehensible
Security Deposit - ANSis any strengthen of cash, aside from a apartment utility deposit of an
enhance payment of lease that is intended on the whole to at ease performance under a rent
of commercial property
Variances - ANSare frequently requested prior to the construction to avoid violation of the
guidelines
Title 8 Landlord & Tenant - ANSThe maximum critical chapter of the Texas Property Code for
property managers and landlords
Noncormfing use of land - ANSa alternate in zoning can motive?
Manufactured Homes - ANSare constructed in a manufacturing unit and are built to a
state-wide constructing code
Trust Account - ANSaccount controlled via one birthday celebration for the advantage of any
other in a banking institution authorized to do enterprise in Texas
Safe Harbor Policy - ANSdetermines whether or not or not an advertisement is obvious and
conspicuous
Advertisement - ANSa written or oral statement or conversation via or on behalf of a license
holder or service company
Trust Money - ANSclients' money
, Trust Account - ANSan account managed with the aid of one party for the advantage of
every other in a banking instistution legal to do enterprise in Texas
Sales Agent - ANSShould no longer keep a believe account
Open Carry and Concealed Carry Signage - ANSmust seem in contrasting hues with block
letters at least one inch in height
30.06 - ANSestablishments on the way to allow open keep on their premises, however
restrict hid bring
30.07 - ANSProhibits open carry on he premises
Deceptive Trade Practices Act (DTPA) - ANSallows an aggrieved patron to sue a seller of
products for damages
Goods - ANSTangible chattels
Services - ANSmeans work, labor or restore of products. Brokerage is an example
Consumer - ANSan character, employer, partnership, or government source who seeks to
collect
Producing Cause - ANSrequires proof that the act or omission changed into a importance
element in bringing approximately the damage
Force Majeure - ANSCircumstances past the tenant of landlord's manage that could affect
overall performance of the settlement
Term - ANSbeginning and finishing date
Demised premises - ANSspaces transferred from the landlord to the tenant by the rent
CAM - ANSincludes hallway, garden and elevator renovation
Indemnify - ANSDefend
Gross Lease - ANSa hire of belongings wherein the landlord can pay expenses often
incurred in ownership, together with taxes
Net Lease - ANSin addition to hire, the tenant will pay costs such as taxes
Single Net Lease (N) - ANStenant can pay lease and belongings taxes
Double Net Lease (NN) - ANStenant can pay lease, belongings taxes, and belongings
coverage
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