Which of the following would pay the lowest percentage lease? A chain grocery store, A parking lot, A department store, A hardware store

Property Management Progress Exam

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Professional Development
•
University - Professional Development
•
Hard
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22 questions
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1.
FLASHCARD QUESTION
Front
Back
A chain grocery store
2.
FLASHCARD QUESTION
Front
A property manager:
Back
may not gain any advantage over the property owner.
3.
FLASHCARD QUESTION
Front
A kiosk is:
Back
a free-standing information booth.
4.
FLASHCARD QUESTION
Front
A lease where the lessee pays the property taxes is:
Back
a net lease.
5.
FLASHCARD QUESTION
Front
If the lessee agrees to pay property taxes as well as rent, this would indicate a(n):
Back
net lease.
6.
FLASHCARD QUESTION
Front
Constructive eviction may allow for a tenant to vacate the premises before the expiration of a lease term. Which would be an example of constructive eviction? Landlord has shown property to prospective tenant and is negotiating terms, Property cannot be used for original purpose due to unnecessary and considerable changes made by landlord, Landlord fails to make necessary repairs, All of the above
Back
All of the above
7.
FLASHCARD QUESTION
Front
The initials "I.R.E.M." stand for:
Back
The Institute of Real Estate Management.
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