Exam (elaborations)
Real Estate Finance and Investments 16th Edition Brueggeman Test Bank
- Course
- Institution
Real Estate Finance and Investments 16th Edition Brueggeman Test Bank.
[Show more]
Seller
Follow
Content preview
Real Estate Finance and Investments16th Edition Brueggeman Test Bank
Real Estate Finance & Investments, 16e (Brueggeman)
Chapter 9 Income-Producing Properties: Leases, Rents, and the Market for Space
,1) Analysis of effective rents tends to be superior to analysis of total rents over the life of a
lease.
Answer: TRUE
Difficulty: 2 Medium
Topic: Leases
Accessibility: Keyboard Navigation
Gradable: automatic
2) The existing stock of space cannot be adjusted in the short run, but can be increased or
decreased in the long run.
Answer: TRUE
Difficulty: 1 Easy
Topic: Supply and demand Analysis
Accessibility: Keyboard Navigation
Gradable: automatic
3) To attract anchor tenants, property owners tend to charge them lower rents. They make-up
for the lower rents by charging the anchor tenant higher CAM charges.
Answer: FALSE
Difficulty: 2 Medium
Topic: Property types
Accessibility: Keyboard Navigation
Gradable: automatic
4) Overage rent is rent that exceeds expenses.
Answer: FALSE
Difficulty: 2 Medium
Topic: Leases
Accessibility: Keyboard Navigation
Gradable: automatic
5) The term "percentage rent" refers to rent paid as a percent of space leased.
Answer: FALSE
Difficulty: 2 Medium
Topic: Leases
1
, Accessibility: Keyboard Navigation Gradable:
automatic
6) A gross lease is one in which the tenant only pays rent, and the owner of the property pays
the operating expenses and provides all services.
Answer: TRUE
Difficulty: 1 Easy
Topic: Leases
Accessibility: Keyboard Navigation
Gradable: automatic
7) The term "usable area" is typically synonymous with "leasable area," in a building with
multiple tenants.
Answer: FALSE
Difficulty: 2 Medium
Topic: Leases
Accessibility: Keyboard Navigation
Gradable: automatic
8) The use of a CPI index in a lease contract shifts risk to the tenant.
Answer: TRUE
Difficulty: 1 Easy
Topic: Leases
Accessibility: Keyboard Navigation
Gradable: automatic
9) Expense stops protect the lessee from unexpected changes in market rents.
Answer: TRUE
Difficulty: 1 Easy
Topic: Expense stops
Accessibility: Keyboard Navigation
Gradable: automatic
10) A gross lease is riskier for the lessor than a net lease.
2
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller nyerihillmilkprocessors. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $5.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
72042 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now