BOMI - Asset Management Exam Practice Questions and Answers | 100% Pass
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Course
BOMI
Institution
BOMI
BOMI - Asset Management Exam
Practice Questions and Answers | 100%
Pass
To garner more from the sale of the property, the asset manager is recommending to
the owner that that he improve the property's urban appeal. The owner can accomplish
this by doing all of the following except.
A. Upgrade...
Because of severe financial setbacks, Cesar has had his company's property foreclosed
upon, The very first step in this foreclosure procedure is:
A. The deed being cleared of all junior liens
B. The lender assigning rents to itself
C. A notice of default being sent to the recorders office
D. A notice of default being given to the borrower - Answer✔️✔️-D. A notice of default
being given to the borrower
Jurgen will be selling his property as-is, This means that he makes no warranties or
representation about the ____________ of the property.
A. Condition
B. Habitability
C. Potential use
D. All of the above - Answer✔️✔️-D. All of the above
If Harvey is to establish the date, location, and subject of an audit, he would need to:
A. Send a pre-audit letter
B. Conduct a pre-audit interview
C. Conduct an exit interview
D. Send an audit response letter - Answer✔️✔️-A. Send a pre-audit letter
Donald is examining the factors that affect, either positive or negative, the value of the
property created by leasing. These factors include all of the following except?
A. Co-tenancy clauses
B. Go-green clauses
C. Ownership objectives
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