Exam Questions and Answers | A+
Score Assured
Place Lender-aquired insurance on the property and bill the borrower - 🧠
ANSWER ✔✔If a borrower fails to keep homeowners insurance of the
collateral property, what actions can the lender take?
Mutual Agreement - 🧠 ANSWER ✔✔Leases my be terminated by
expiration, eviction or ______?
Market Change - 🧠 ANSWER ✔✔is a dynamic risk
5 or more - 🧠 ANSWER ✔✔How many dwelling units does a commercial
residential property have
, $11 million - 🧠 ANSWER ✔✔the estate would need to be worth
_____________ to be subject to estate tax.
Build to suit - 🧠 ANSWER ✔✔With this arrangement, the developer
preleases to a financially strong tenant to build a structure to the tenant's
specifications. This arrangement assures the tenant that they will have the
space they require when needed and it assures the owner/builder that the
space will be fully leased upon completion.
40-100 acres and average size of 591825 sq ft - 🧠 ANSWER ✔✔Regional
shopping center lot building size
Liquidity - 🧠 ANSWER ✔✔the ease with which an asset can be converted
into cash
Productive square feet x rental rate per square foot = gross rental rate - 🧠
ANSWER ✔✔Formula used to calculate gross rental income for an office
building
Equity REIT - 🧠 ANSWER ✔✔a REIT that earns income for its investors
through rent collection or the sale of the properties in their portfolio
Direct Capitalization Method - 🧠 ANSWER ✔✔Income