Which of the following is NOT considered to be an office or retail property? Warehouse Single-tenant...

Which of the following is NOT considered to be an office or retail property?

Warehouse
Single-tenant - build to suit
Community center
Regional shopping center

Which of the following organizations provides lenders with complete protection against default losses:

VA
FNMA
FHLMC
FHA

Income after deducting loss of rents due to vacancy and nonpayment of rents, as well as any concessions, is referred to as:

Potential gross income
Net operating income
Before-tax cash flow
Effective gross income

The price a potential tenant must pay to lease a specific type of real estate under the current economic conditions is:

Percentage rent
Base rent
Effective rent
Market rent

Solutions

Expert Solution

Q:Which of the following is NOT considered to be an office or retail property?

Answer:Community center

Community Centers are public locations where members of a community tend to gather for group activities, social support, public information, and other purposes.

Q:Which of the following organizations provides lenders with complete protection against default losses:

Answer:FHA

"The FHA does not provide the money for a mortgage, nor does it buy the mortgage debt from your lender once the loan is approved. Rather, the FHA insures the loan. In doing so, the lender may have more security loaning money in the form of mortgages to a greater percentage of borrowers."

Q:Income after deducting loss of rents due to vacancy and nonpayment of rents, as well as any concessions, is referred to as:

Answer: Effective gross income

"Effective gross income is a net figure that considers expense reimbursements, vacancy and collection loss, and other income"

Q:The price a potential tenant must pay to lease a specific type of real estate under the current economic conditions is:

Answer:Market rent

Market rent is the amount a landlord might reasonably expect to receive, and a tenant might reasonably expect to pay, for a tenancy. It needs to be similar to the rent charged for similar properties in similar areas

jeff jeffy answered 11 months ago

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