Presley CBRE Quizlet
Tax Abatement - answer refers to a reduction or exemption in property taxes for an
owner which is granted by a government entity for a specific period of time. This is
typically offered as an incentive to encourage certain activities or outcomes within a
community.
T/F, A tax abatement directly lowers the amount of property taxes an owner would
otherwise owe - answer True
T/F, Tax Abatements are permanent - answer False, they are not permanent and last
for a specified number of years
Tax abatements are granted by who? - answer Local, state, and even federal
government entities to achieve specific goals.
Tranche - answerRefers to the way a specific investment or financial arrangement can
be structured or divided.
Tranches allow investors to do what? - answerTo structure their investment earnings
and income to match their cash flow needs.
Investors who need cash sooner could buy a _______ -maturity investment, while those
who have a longer time horizon can invest in ________ -maturity tranches. -
answerShorter, Longer
Tranches are commonly seen where? - answerIn commercial mortgage backed
securities where pooled cre loans are divided into files based on risk and return levels.
Cap Premium - answerthis is a financial instrument that sets a maximum interest rate on
a loan or other financial product. This premium protects a borrower from interest rates
rising above a predetermined level.
Listing Agreement - answerThis is an agreement between a property owner and real
estate broker which gives the broker a chance to sell or lease the property at agreed
upon terms and conditions within a given time frame (6months ish) for a fee (1-2%).
LOI - answerLetter of Intent, this is an informal offer to lease or purchase a property.
Market Data Approach - answerThis is the process of estimating the value of property
through the examination and comparison of actual sales of comparable properties.
Tax Abatement - answer refers to a reduction or exemption in property taxes for an
owner which is granted by a government entity for a specific period of time. This is
typically offered as an incentive to encourage certain activities or outcomes within a
community.
T/F, A tax abatement directly lowers the amount of property taxes an owner would
otherwise owe - answer True
T/F, Tax Abatements are permanent - answer False, they are not permanent and last
for a specified number of years
Tax abatements are granted by who? - answer Local, state, and even federal
government entities to achieve specific goals.
Tranche - answerRefers to the way a specific investment or financial arrangement can
be structured or divided.
Tranches allow investors to do what? - answerTo structure their investment earnings
and income to match their cash flow needs.
Investors who need cash sooner could buy a _______ -maturity investment, while those
who have a longer time horizon can invest in ________ -maturity tranches. -
answerShorter, Longer
Tranches are commonly seen where? - answerIn commercial mortgage backed
securities where pooled cre loans are divided into files based on risk and return levels.
Cap Premium - answerthis is a financial instrument that sets a maximum interest rate on
a loan or other financial product. This premium protects a borrower from interest rates
rising above a predetermined level.
Listing Agreement - answerThis is an agreement between a property owner and real
estate broker which gives the broker a chance to sell or lease the property at agreed
upon terms and conditions within a given time frame (6months ish) for a fee (1-2%).
LOI - answerLetter of Intent, this is an informal offer to lease or purchase a property.
Market Data Approach - answerThis is the process of estimating the value of property
through the examination and comparison of actual sales of comparable properties.
