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Commercial Real Estate SAE Exam Questions With 100% Correct Answers (A+ Radted)
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Commercial Real Estate SAE Exam Questions With 100% Correct Answers (A+ Radted)...
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Commercial Real Estate SAE Exam Questions With 100%Correct Answers (A+ Radted)
Commercial real estate is usually defined as any real estate that is - Answer Not
residential in nature
Which of the following is a good reason for joining a big name international commercial
real estate firm - Answer Good mentorship program
Which statement regarding commercial real estate is FALSE? - Answer Pocket listings
are rare and can be viewed as unethical.
_______ affects the supply of real estate in the us. - Answer Economics, land costs,
taxation
What is the biggest motivating factor to purchase commercial real estate? - Answer
Return on investment
Which of the following building types would you most likely find in the suburbs? - Answer
Office Parks
The overall responsibility of the property manager is to: - Answer Attempt to reach the
goals of the owner/landlord
The role of a property manager is established by a written agreement called a ______ -
Answer Management agreement
A propertys value and desirability are determined by the level of ______ that is done on
the property. - Answer Preventive maintenance
, Raw land generally lacks any ______ - Answer Improvements
The ______ is the dominant estate in Texas. - Answer Subsurface
Who controls the drilling for oil and gas in Texas? Answer The Texas Railroad
commission
BREDC recently placed 200 acres of raw land under contract in anticipation of building
a regional mixed use shopping center that would include 30 retail stores, office space, a
hotel and convention complex, a brand-name fitness facility, a movie theater, and
restaurant space. Over 140,000 SF will be anchored by a major retailer that will bring in
considerable foot traffic for the rest of the retail sites. BREDC's agent helped research
the demographics of the area and recommended the purchase of the land off of a major
interstate that sees traffic in excess of 120,000 cars per day passing the site on a
regular basis. The center will be conveniently located next to a newly developed
subdivision that is currently under construction. BREDC knows that pursuing retailers to
fill out the center will be time-consuming, but it is aggressively pursuing the best and the
brightest brand name retailers as well as high end boutq - Answer The US army corps of
engineers
After the wetlands have been delineated by the appropriate agency, and the appropriate
permits have been filed and approved, 12 months later the transaction closes and
construction begins. Backfilling into a trench, workers discover that their machinery
had uncovered some artifacts including arrowheads and fragments of pottery. Further
excavation uncovers some 12 unmarked grave sites. The local news runs the story and
soon after, an historian comes out with a warning that they might find even more graves
if the construction goes on.
According to texas law, how many graves must be present to constitute a cemetery? -
Answer One
The states major university has begun excavating the site via the archaeology
department and all construction on the shopping center has ceased until all the artifacts
and graves can been dated and authenticated.
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