DC PROPERTY MANAGER ACTUAL
EXAM ALL QUESTIONS AND WELL
ELABORATED ANSWERS TOP RATED
VERSION FOR ALREADY A+ GRADED
HIGHLY RECOMMENDED |NEW AND
REVISED
ManagementRPlanR-
RCORRECTRANSWERThisRdescribesRinRdetailRtheRsubjectRproperty'sRcurrentRuseRalongRwithRitsRphys
icalRcondition,RfiscalRprojections,RandRanyRoperationalRissues.RItRalsoRincludesRanRanalysisRofRtheRm
arketR(bothRregionalRandRneighborhood),RtheRcompetingRproperties,RasRwellRasRpotentialRimprove
mentsRorRalternativeRusesRforRtheRsubjectRproperty.
MarketRAnalysisR-
RCORRECTRANSWERThisRfocusesRonRbothRaRregionalRandRneighborhoodRevaluation,RwhichRinclude
sRtheRdemographicRconditions,RgeographicRfeatures,RgovernmentalRprospective,RexistingRrealResta
teRsupply,RpotentialRfutureRdevelopments,RandRtenant/residentRdemand.
AnalysisRofRAlternativesR-
RCORRECTRANSWERThisRlooksRatRtheRtheoreticalRcostsRandRcorrespondingRincreaseRinRrentsRbyRma
kingRdifferentRimprovements,RevenRtheRsubjectRproperty'sRredevelopment.
CapitalRExpendituresR-
RCORRECTRANSWERWorkRperformedRonRpropertiesRthatRareRoccupiedRandRoperationalRwithRtheRg
oalRofRtryingRtoRpreventRtheRpropertyRfromRdecliningRandRbecomingRobsolete.
PhysicalRObsolescenceR-
RCORRECTRANSWERARstatusRcharacterizedRasRaRconditionRofRagingR(i.e.RwearRandRtear)RorRdeferred
Rmaintenance.RExamplesRareRwornRcarpets,RpeelingRpaint,RaRleakingRroof,RorRdeadRlandscaping.
, FunctionalRObsolescenceR-
RCORRECTRANSWERARstatusRcharacterizedRbyRoldRorRoutdatedRdesignsRorRbuildingRsystems.RExam
plesRincludeRequipmentRthatRisRnotRrepairableRbecauseRpartsRorRnoRlongerRmanufactured;RsingleRp
aneRwindowRsystemsRbecauseRtheyRwasteRaRlargeRamountRofRenergy;RoutdatedRbathroomRfixturesR
becauseRofRchangingRdesignsRandRtastes.
EconomicRObsolescenceR-
RCORRECTRANSWERARstatusRthatRrepresentsRaRlossRinRvalueRdueRtoRoutsideRforcesR(i.e.Rlocation,Rm
arketRconditions).RAnRexampleRwouldRbeRanRofficeRbuilding,RlocatedRinRaRsmallRtown,RwhereRtheRm
ajorRemployerRcloses.RThisRmayRresultRinRbothRlowerRdemandRandRrentalRrates.
DepreciationR-
RCORRECTRANSWERTheRprocessRbyRwhichRpropertiesRbeginRtoRdeteriorateRasRsoonRasRtheyRareRco
mpleted.RItRrepresentsRtheRlossRinRvalueRfromRtheRvariousRformsRofRobsolescence.
DepreciatedRValueR-
RCORRECTRANSWERTheRamountRvalueRthatRaRpropertyRlosesRperRyearRdueRtoRtheRvariousRformsRofR
obsolescence.REx:R$12,000,000RxR2.5%R(0.025)R=R$300,000RperRyear
InvestmentRValueR-
RCORRECTRANSWERAnRamountRthatRisRfrequentlyRdeterminedReitherRbyRcalculatingRtheRNetROper
atingRIncomeRandRapplyingRaRCapitalizationRRateRtoRitRorRfromRCashRFlowRbyRdeterminingRtheRRetu
rnRonRInvestment.
AssessedRValueR-
RCORRECTRANSWERThisRisRtheRvalueRusedRbyRgovernmentRtaxRoffices.RSinceRitRisRfrequentlyRdeter
minedRusingRsophisticatedRmathematicalRmodelsRthatRareRappliedRtoRmanyRsimilarRtypesRofRprope
rtiesRoverRaRgeographicRarea,RitRcanRbeRlessRaccurateRandRproduceRresultsRthatRareRhigherRorRlowerR
thanRotherRtypesRofR"values".
EXAM ALL QUESTIONS AND WELL
ELABORATED ANSWERS TOP RATED
VERSION FOR ALREADY A+ GRADED
HIGHLY RECOMMENDED |NEW AND
REVISED
ManagementRPlanR-
RCORRECTRANSWERThisRdescribesRinRdetailRtheRsubjectRproperty'sRcurrentRuseRalongRwithRitsRphys
icalRcondition,RfiscalRprojections,RandRanyRoperationalRissues.RItRalsoRincludesRanRanalysisRofRtheRm
arketR(bothRregionalRandRneighborhood),RtheRcompetingRproperties,RasRwellRasRpotentialRimprove
mentsRorRalternativeRusesRforRtheRsubjectRproperty.
MarketRAnalysisR-
RCORRECTRANSWERThisRfocusesRonRbothRaRregionalRandRneighborhoodRevaluation,RwhichRinclude
sRtheRdemographicRconditions,RgeographicRfeatures,RgovernmentalRprospective,RexistingRrealResta
teRsupply,RpotentialRfutureRdevelopments,RandRtenant/residentRdemand.
AnalysisRofRAlternativesR-
RCORRECTRANSWERThisRlooksRatRtheRtheoreticalRcostsRandRcorrespondingRincreaseRinRrentsRbyRma
kingRdifferentRimprovements,RevenRtheRsubjectRproperty'sRredevelopment.
CapitalRExpendituresR-
RCORRECTRANSWERWorkRperformedRonRpropertiesRthatRareRoccupiedRandRoperationalRwithRtheRg
oalRofRtryingRtoRpreventRtheRpropertyRfromRdecliningRandRbecomingRobsolete.
PhysicalRObsolescenceR-
RCORRECTRANSWERARstatusRcharacterizedRasRaRconditionRofRagingR(i.e.RwearRandRtear)RorRdeferred
Rmaintenance.RExamplesRareRwornRcarpets,RpeelingRpaint,RaRleakingRroof,RorRdeadRlandscaping.
, FunctionalRObsolescenceR-
RCORRECTRANSWERARstatusRcharacterizedRbyRoldRorRoutdatedRdesignsRorRbuildingRsystems.RExam
plesRincludeRequipmentRthatRisRnotRrepairableRbecauseRpartsRorRnoRlongerRmanufactured;RsingleRp
aneRwindowRsystemsRbecauseRtheyRwasteRaRlargeRamountRofRenergy;RoutdatedRbathroomRfixturesR
becauseRofRchangingRdesignsRandRtastes.
EconomicRObsolescenceR-
RCORRECTRANSWERARstatusRthatRrepresentsRaRlossRinRvalueRdueRtoRoutsideRforcesR(i.e.Rlocation,Rm
arketRconditions).RAnRexampleRwouldRbeRanRofficeRbuilding,RlocatedRinRaRsmallRtown,RwhereRtheRm
ajorRemployerRcloses.RThisRmayRresultRinRbothRlowerRdemandRandRrentalRrates.
DepreciationR-
RCORRECTRANSWERTheRprocessRbyRwhichRpropertiesRbeginRtoRdeteriorateRasRsoonRasRtheyRareRco
mpleted.RItRrepresentsRtheRlossRinRvalueRfromRtheRvariousRformsRofRobsolescence.
DepreciatedRValueR-
RCORRECTRANSWERTheRamountRvalueRthatRaRpropertyRlosesRperRyearRdueRtoRtheRvariousRformsRofR
obsolescence.REx:R$12,000,000RxR2.5%R(0.025)R=R$300,000RperRyear
InvestmentRValueR-
RCORRECTRANSWERAnRamountRthatRisRfrequentlyRdeterminedReitherRbyRcalculatingRtheRNetROper
atingRIncomeRandRapplyingRaRCapitalizationRRateRtoRitRorRfromRCashRFlowRbyRdeterminingRtheRRetu
rnRonRInvestment.
AssessedRValueR-
RCORRECTRANSWERThisRisRtheRvalueRusedRbyRgovernmentRtaxRoffices.RSinceRitRisRfrequentlyRdeter
minedRusingRsophisticatedRmathematicalRmodelsRthatRareRappliedRtoRmanyRsimilarRtypesRofRprope
rtiesRoverRaRgeographicRarea,RitRcanRbeRlessRaccurateRandRproduceRresultsRthatRareRhigherRorRlowerR
thanRotherRtypesRofR"values".