UGA REAL 4000 EXAM
3 DIETZ (CHAPTER 22,
18, 8, 16 NCQPS
INCLUDED)
QUESTIONS WITH
SOLVED ANSWERS!!
Evatee 10/27/24 UGA REAL 4000
, UGA REAL 4000 EXAM 3 DIETZ (CHAPTER 22,
18, 8, 16 NCQPS INCLUDED) QUESTIONS
WITH SOLVED ANSWERS!!
In contrast to rent for residential units, rent for U.S. commercial properties is
typically quoted as a(n) Answer - annual cost per square foot.
In a neighborhood retail shopping center, a grocery store (e.g., Publix) often
serves as a(n) Answer - anchor tenant
Lenders may request that property owners of rental properties include a clause
in their lease agreement that gives the lender the right to terminate the lease
and evict the tenant, even if the tenant has fulfilled all of its responsibilities
under the lease, in the case that the owner of the property defaults on her
mortgage. This part of the lease agreement is more commonly referred to as a
relocation option. Answer - false
An office or retail landlord will often give a new tenant a certain amount of
________ allowance to cover the cost of refurbishing the rental space to meet
the needs of the tenant's business. Answer - tenant improvement
A concept called "concession" means that an owner must provide the tenant
with uninterrupted use of the property without any interference from any
entity that may threaten to impose upon the tenant's leasehold interest in the
property. Answer - false
In making single-asset real estate investment decisions, the first pass often
involves calculating a series of returns, ratios, and multipliers. Which of the
following is often cited as a limitation associated with this type of analysis?
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