Rental property - Study guides, Class notes & Summaries

CPCU 551 Exam Questions Compilation A building had been vacant for 60 days, and the insurer didn't know about it, when it sustained 100K, 5K, and 1K losses due to windstorm, theft, and sprinkler leakage, respectively. What amount is covered under CPP? - 85K, 0, and 0. If a building is vacant for 60 or more consecutive days before the loss, they won't pay for any loss caused by vandalism, sprinkler leakage, building glass breakage, water damage, theft, or attempted theft... otherwise you...

PVL3702 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 - DUE 9 April 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9 .......... Question 1 Answer saved Marked out of 1.00 Flag question Question text Gary points a loaded gun at Pete, and orders him to sign a written contract. Gary explains that the document is for the sale of Pete’s car to him (Gary), at a price of R50 000 which is far below the market value of the car. Pete, feari...

Practice of Property Management- Real Estate Council of Alberta Questions with Verified Solutions Types of Properties 1. Single Family Residential 2. Multi Family Residential: Low High, Mid Rise High Rise, Row Housing 3. Cooperative 4. Condominium 5. Commercial Forms of Ownership 1. Individual Investors 2. Sole Proprietorship 3. Partnership 4. Limited Partnership 5. Syndication 6. Commercial 7. Government Types of Property Management Operations 1. Professional Fee Manage...

TAX3701 Assignment 2 (COMPLETE ANSWERS) Semester 2 2023 - DUE 18 September 2023 100% TRUSTED workings, explanations and solutions. Whatsapp 067 171 1739 for assistance.......................... ..... QUESTION 1 (40 Marks) Tirisano (Pty) Ltd (“Tirisano”) is a South African resident company that specialises in the production of aluminium. The aluminium is sold mainly to aluminium window and door frame manufacturers as well other aluminium products manufacturers. The company is registered as ...

Practice of Property Management- Real Estate Council of Alberta Exam Questions and Answers 2024 Types of Properties -Answer-1. Single Family Residential 2. Multi Family Residential: Low High, Mid Rise High Rise, Row Housing 3. Cooperative 4. Condominium 5. Commercial Forms of Ownership -Answer-1. Individual Investors 2. Sole Proprietorship 3. Partnership 4. Limited Partnership 5. Syndication 6. Commercial 7. Government Types of Property Management Operations -Answer-1. Professional...

LML4804 Assignment 3 (DISTINCTION ANSWERS) Semester 2 2023 Answers, guidelines, workings and references.... QUESTION 1 (CAPITAL GAINS TAX) Mr. Xaba, a South African resident worked for Acce Pty Ltd (“Acce”) as an electrician for 15 years. As a result of the Covid-19 pandemic that hit the world, Acce decided to retrench the technical employees including Mr. Xaba. He was given a severance package of R5 million. Mr. Xaba is married in community of property to his childhood sweetheart, Ma...

What are the four basic components of NOI? Ans: 1 - Potential rental income (PRI) 2 - Vacancy and credit losses 3 - Other income 4 - Operating expenses [XXXX] is used to determine a property's PRI (Potential Rental Income.) Ans: Lease analysis PRI equals NOI in what property/tenant scenario? Ans: If the property has one tenant with a long-term absolute NNN lease. [XXXX] is PRI minus vacancy and collection losses. Ans: ERI (Effective Rental Income) Name some items which are EXCLUDED f...

When is a new Property Manager required to complete their required CE hours by? - Answer-Oct 31st / 2nd renewal date When a property manager decides to not offer their services predominately in a Jewish area of town, this illegal practice is called ? - Answer-Redlining Management personnel who reside at the property are called ? - Answer-Site Managers When is the move-in condition report NOT required ? - Answer-When there is no security deposit collected law 70-25-206 How long after havi...

WRA EXAM QUESTIONS WITH CERTIFIED SOLUTIONS The WB-11 Residential Offer to Purchase describes which of the following as the way an earnest money payment should be handled as a result of a sale involving cooperating firms? The selling licensee should have all earnest money checks paid directly to the listing firm... Explanation: The Earnest Money section of the offer states: "Unless otherwise agreed, earnest money shall be paid to and held in the trust account of the listing broker." An appra...

Potential Gross Income - ️️Annual gross income Market rent - ️️The rental income a property would most probably command in the open market Balance - ️️The principle that real property value is created and sustained when contrasting, opposing, or interacting elements are in a state of equilibrium. (Value is maximized when the 4 agents of production are in their proper allocation.) Conformity - ️️States that overall,the prices of an area will be maximized if structures are...