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Nc Post Licensing 301 Practice Final Paper Certification Evaluation Practice Solution Actual Test Bank 100 Percent Correct

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NC POST LICENSING 301 PRACTICE FINAL PAPER CERTIFICATION EVALUATION PRACTICE SOLUTION ACTUAL TEST BANK 100 PERCENT CORRECT

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NC POST LICENSING 301 PRACTICE FINAL
PAPER CERTIFICATION EVALUATION
PRACTICE SOLUTION ACTUAL TEST BANK
100 PERCENT CORRECT

⩥ Commercial Due Diligence.
Answer: Free look, no risk, determined by buyer and seller


⩥ BPO-Broker Price Opinion Analysis.
Answer: Contains a market analysis and derives value from
capitalization rates


⩥ Capitalization formula.
Answer: I/R*V
Value=NOI/Rate


⩥ Potential Gross Income.
Answer: Vacancy Collection losses
Additional income

, ⩥ Effective gross income.
Answer: Operating expenses


⩥ Net operating income.
Answer: Debt service(mortgage), Capital expenditures reserves
commissions


⩥ Ground Lease.
Answer: Dirt owners dream, common arrangements, costals,
lake, reservations, hong kong is the world's largest


⩥ Common Ground Lease Provision.
Answer: Often Allowed construction of a building typically in
the lease get to deduct rent as business expenses


⩥ Full-Service Lease.
Answer: Lease includes services, base rent + prorated expenses
+ utilities & services, lessor pays expenses, but they are shared
among tenants, rent is usually higher than other leases, CAMs


⩥ CAMs.

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