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HFT 4464 Exam 3 Questions With Correct
Answers 100% Verified.
What makes the hotel industry one of the most complex and specialized types of real estate? -
Answer✔Hotel owners generally bear the economic risk of the underlying business
Which of the following is not part of the initial screening of a hotel property for purchase? -
Answer✔Hiring physical due diligence experts
Comparative statement analysis is also known as - Answer✔Horizontal analysis and variance
analysis
Alfredo borrows a loan of $100,000 for his new restaurant at 8% for 5 year with a 4 point up-
front clause. What is the effective amount borrowed for this loan - Answer✔96,000
To be professional in negotiations means all of the following except: - Answer✔always be in a
suit and tie
Which is an activity that does not typically take place at the closing of a transaction? -
Answer✔none of the above
Collaterals and guarantees are all of the following except - Answer✔something a borrower
would want to include when negotiating
The following are all combinations and/or part of a project team except - Answer✔all of the
individuals involved and not the firms
Which of the following is not part of the initial screening of a hotel property for purchase? -
Answer✔hiring
Hotel owners typically are responsible for providing - Answer✔land, building, furnishing and
equipment
Which of the following is not usually specified regarding financial reporting - Answer✔who
prepares the reports
Which of the following is not a potential issue in ongoing hotel management agreements -
Answer✔opportunities for owner and manager to add additional properties
1|Page
HFT 4464 Exam 3 Questions With Correct
Answers 100% Verified.
What makes the hotel industry one of the most complex and specialized types of real estate? -
Answer✔Hotel owners generally bear the economic risk of the underlying business
Which of the following is not part of the initial screening of a hotel property for purchase? -
Answer✔Hiring physical due diligence experts
Comparative statement analysis is also known as - Answer✔Horizontal analysis and variance
analysis
Alfredo borrows a loan of $100,000 for his new restaurant at 8% for 5 year with a 4 point up-
front clause. What is the effective amount borrowed for this loan - Answer✔96,000
To be professional in negotiations means all of the following except: - Answer✔always be in a
suit and tie
Which is an activity that does not typically take place at the closing of a transaction? -
Answer✔none of the above
Collaterals and guarantees are all of the following except - Answer✔something a borrower
would want to include when negotiating
The following are all combinations and/or part of a project team except - Answer✔all of the
individuals involved and not the firms
Which of the following is not part of the initial screening of a hotel property for purchase? -
Answer✔hiring
Hotel owners typically are responsible for providing - Answer✔land, building, furnishing and
equipment
Which of the following is not usually specified regarding financial reporting - Answer✔who
prepares the reports
Which of the following is not a potential issue in ongoing hotel management agreements -
Answer✔opportunities for owner and manager to add additional properties
1|Page
