Industrial properti - Study guides, Class notes & Summaries

Humber Real Estate - Course 4, Module 11 Completing Agreements of Purchase and Sale for Industrial Properties| 23 questions and

False. There is only one form. While all agreements will be unique and have varying clauses, as a salesperson you will typically use the OREA Agreement of Purchase and Sale - Commercial (Form 500). True or false? There are different agreements for the various types of commercial properties? Subject to HST Chattels are considered as excluded unless specifically added to the Agreement of Purchase and Sale. Chattels included are ________________________________. - Heating - E...

Farming - ANSWER Concentrating on one type of style of property or on one particular neighborhood A residential transaction os defined in F.S. 475 as the sale of any: - ANSWER - Duplex - improved residential property of four units or fewer, including condominium units -unimproved property intended for four units or fewer - agricultural properties of ten acres or less - leases with options to purchase all or a portion of improved property of four or fewer residential units - dispositions...

What is a Percentage Lease? - The tenant is typically required to pay a fixed minimum monthly rent (i.e. to cover taxes, maintenance and insurance as the bare minimum), plus a percentage of gross monthly income in excess of base sales calculated using the minimum rent - Mainly found in the retail property market - This arrangement creates a type of partnership between the landlord and tenant How can Percentage Lease rates be negotiated between a buyer and seller? It can be dependa...

An arrangement typically involving an owner of land agreeing to build a structure of a size, quality of construction and overall appearance in accordance with requirements of a specific tenant. The owner, as landlord, then leases the completed structure to that tenant. What is a 'Design Build Arrangement'? Seller's market Note: Ease of financing at attractive rates is also an important element in the growth of design build activity. Conversely, such activity is dramatically redu...