Vacancy and credit loss Study guides, Class notes & Summaries

The "as vacant" highest and best use is for retail and the as improved highest and best use is for single tenant-office .... What principle underlies the valuation process? correct answers Consistent Use A property's site is leased for $40,000 per year, which is considered the market rate. The site represents 35% of the total value. The overall cap rate is 10% and the building cap rate is 11%. What is the site value? correct answers $491,228 A property was purchased for $325,000 and the...

sublet/sublease agreement - Answer-a lease agreement between a tenant a sub-tenant where the original tenant essentially becomes a middle-man between the landlord and the subtenant assumes both landlord duties to the sub-tenant and tenant duties to the landlord management plan - Answer-describes in detail the subject property''s current use along with its physical condition, fiscal projections and any operational issues analysis of alternatives - Answer-rehabilitate the property w/out al...

a lease agreement between a tenant a sub-tenant where the original tenant essentially becomes a middle-man between the landlord and the subtenant assumes both landlord duties to the sub-tenant and tenant duties to the landlord - correct answer sublet/sublease agreement describes in detail the subject property''s current use along with its physical condition, fiscal projections and any operational issues - correct answer management plan rehabilitate the property w/out altering its existin...

Management Plan 1. Current use 2. Current condition 3. Fiscal projections 4. Operational issues Market Analysis Regional and neighborhood evaluation focusing on: 1. Demographic conditions 2. Geographic features 3. Governmental perspective 4. Existing real estate supply 5. Future developments 6. Tenant demand Analysis of Alternatives Theoretical costs and potential for rent increase based on decision to: 1. Modernize 2. Rehabilitate 3. Change 4. Convert Capita...

Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bu...

Iowa Personal Lines Latest Update Graded A+ DP-1 Basic Form Dwelling Policy: Provides coverage on a named peril basis. DP-1 Losses are paid actual cash value Extended Coverage Perils W.C. SHAVVER: Wind, Civil Commotion, Smoke, Hail, Aircraft, Vehicles, Volcanic Eruption, Explosion, and Riot DP-2 Broad Form Dwelling Policy: Provides replacement cost coverage on dwellings & buildings on a "named peril" basis, contents are actual cash value Uninsurable (excluded) losses Under the open- peril ...

The redemption value of an open-ended investment company's shares is based on the: - ANSWER-Net assest value computed afdter the order is recieved An associated person who is not a registered representative is permitted to engage in which of the following activities? - ANSWER-Provide account opening forms to a new customer A decline in the gross domestic product (GDP) must last for at least how many quarters to be considered a recession? - ANSWER-2 quarters When is interest on Treasury...

Property Management Latest 2023 100% Pass Property Manager Someone who manages real estate for another person for compensation. Duties include collecting rents, maintaining the property, and keeping up all accounting. A good reputation is often the manager's best advertising. A manager who consistently demonstrates the ability to increase property income over previous levels, while meeting legal requirements and enhancing the property's attractiveness to tenants, should have little difficulty ...

Argus Examm With Complete Solutions...

A - UTAH: A person applying for an adjuster's license in Utah must (BSPEBS): - Answer * Be at least 18 years old * SSN * Personal History * Experience * Business Record * Submit a non-refundable fee B - UTAH: A non-resident agent (a new agent) moving into Utah must apply within __________ days to become a resident licensee. - Answer 90 C - UTAH: Qualifications: A licensee must - - Answer * At least 18 years old * Good faith * No controlled business * No grounds for denial, suspens...