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Exam (elaborations)

Humber Real Estate Course 4 questions and answers

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Humber Real Estate Course 4

Institution
Real Estate Humber
Course
Real estate humber










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Institution
Real estate humber
Course
Real estate humber

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Uploaded on
January 30, 2025
Number of pages
26
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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Refers to the pace at which commercial space is leased/occupied, less the amount of
space vacated during that time


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Net absorption rate

,Balance sheet


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Using this document, the accountant determines that the business has been
financially stable over the last three financial years




American Society for Testing and Materials


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ASTM




the total gross floor area of a building based on external measurements, excluding any
unenclosed areas


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Gross Building Area




Tenant pays rents, landlord pays all expenses of property; most common form of
residential lease


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, Gross Lease




is used in relation to sightlines for unobstructed view in relation to placement of
buildings - especially corner lots


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Daylighting




involves the construction of a single purpose building designed for the property owner


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design build




The max distance a consumer will travel to acquire a specific product or service


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Range




A document that is provided by a lender to a borrower and sets out the terms of a loan.


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