Nevada National Real Estate Exam with Complete Solutions
Nevada National Real Estate Exam with Complete SolutionsNevada National Real Estate Exam with Complete SolutionsNevada National Real Estate Exam with Complete SolutionsNevada National Real Estate Exam with Complete SolutionsAmortized Loans - ANSWER-Constant payment including principle and interest until paid off Conventional Loan - ANSWER-No government back; private Gross Lease - ANSWER-Fixed amount- Residential rental Net Lease - ANSWER-Fixed plus maintenance; Triple Net = tax & insurance also Percentage Lease - ANSWER-Fixed + % of profits ;; mall, retail spaces Ground Lease - ANSWER-Long term land lease-- 99+ yr lead;; to build Leaseback - ANSWER-Seller leases back after closing; model homes Assign/sublease - ANSWER-Renting then leasing to someone else; air B& B Novation - ANSWER-Substitution of Lessee or contract Leasehold Estates - ANSWER-Death/sale will not terminate lease Estate for years - ANSWER-Definite termination date/no notice required Periodic estate - ANSWER-Monthly, weekly, annually, notice required for that period
Información del documento
- Subido en
- 19 de agosto de 2023
- Número de páginas
- 10
- Escrito en
- 2023/2024
- Tipo
- Examen
- Contiene
- Preguntas y respuestas
