Reca commercial unit - Study guides, Class notes & Summaries

RECA Commercial Unit2 Exam Questions and Answers 2024 Commercial real estate assets have a number of attributes that make them unique relative to other types of investments. These attributes include the following: (x10) -Answer-1. They involve land 2.Transaction time frames are long 3. Transaction costs are high 4. they are expensive 5. They are long lasting 6. Highly regulated 7. have a long production cycle 8. are management intensive 9. are heterogeneous 10. Involve measuring retur...

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RECA Commercial Unit 2 Correctly Solved Exam [100% Correct] Commercial real estate properties exhibit several features that set them apart from other investment types. These features include the following: (x10) **Answer:** 1. They involve land 2. Transaction timelines are long 3. High transaction costs 4. Expensive assets 5. Durable, long-lasting properties 6. Heavily regulated 7. Prolonged production cycle 8. Require intensive management 9. Unique and heterogeneous as...

RECA Commercial Unit2 Exam

RECA Commercial Unit2 Exam Questions and Answers 2024 Commercial real estate assets have a number of attributes that make them unique relative to other types of investments. These attributes include the following: (x10) -Answer-1. They involve land 2.Transaction time frames are long 3. Transaction costs are high 4. they are expensive 5. They are long lasting 6. Highly regulated 7. have a long production cycle 8. are management intensive 9. are heterogeneous 10. Involve measuring retur...

RECA Commercial Unit 2-with 100% verified solutions-2023

ommercial real estate assets have a number of attributes that make them unique relative to other types of investments. These attributes include the following: (x10) -1. They involve land 2.Transaction time frames are long 3. Transaction costs are high 4. they are expensive 5. They are long lasting 6. Highly regulated 7. have a long production cycle 8. are management intensive 9. are heterogeneous 10. Involve measuring return on investment

RECA Commercial Unit3 Questions And Verified Correct Answers What does Fee Simple mean? - ANSWER 'Fee' means the land can be inherited and 'simple' means the inheritance is unqualified as to who can inherit it. Bundle of rights include (x4) - ANSWER Possession (to occupy and keep out others) Control (to alter the property physically) Enjoyment (no interference from others) Disposition (to convey all or part to another) leased fee or leased fee estate - ANSWER A fee simple estat...

What does Fee Simple mean? 'Fee' means the land can be inherited and 'simple' means the inheritance is unqualified as to who can inherit it. Bundle of rights include (x4) Possession (to occupy and keep out others) Control (to alter the property physically) Enjoyment (no interference from others) Disposition (to convey all or part to another) leased fee or leased fee estate A fee simple estate that is subject to a lease is referred to as a leased fee or leased fee estate.

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