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Commercial Real Estate SAE Exam Questions And Answers
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Commercial Real Estate SAE Exam Questions AndAnswers 2024-2025
Chapters 1-6 Quizzes
Chapter 1-Quiz
1.Which of the following statements about Commercial Real Estate is NOT TRUE?
a. Pocket listings are extremely uncommon and can be considered unethical
b. It can take 3 to 6 months for a deal to close
c. No TREC-promulgated forms exist
d. Lawyers are often involved in the transaction - Answer a. Pocket listings occur rarely
and may be deemed highly unethical
2. Which of the following is a good reason to join a big-name international commercial
real estate firm?
a. No MLS
b. Good mentorship program
c. The ability to keep your residential clients
d. All of the above are great reasons to join a big-name international real estate firm -
Answer b. Good mentorship program
3. Commercial real estate is often defined as any real estate that is _____________.
a. Over $1 million dollars
b. Less than 5 units
c. Not residential in nature
d. Bought as an investment - Answer c. Not residential in nature
, CHAPTER 2 QUIZ
1. _____________ affect(s) the supply of real estate in the United States.
a. Economics
b. Land costs
c. Taxation
d. All of these affect the supply of real estate in the U.S. - Answer d. All of these affect
the supply of real estate in the U.S.
2. What is the major motivating factor to buy commercial real estate?
a. Resale value
b. Pride of ownership
c. Return on investment
d. Bragging rights - Answer c. Return on investment
3. Which of the following types of buildings would you most likely find in the suburbs?
a. High-rises
b. Office parks
c. Skyscrapers
d. Supertall buildings - Answer b. Office parks
CHAPTER 3 QUIZ
1. The role of a property manager is established by a written agreement called a
____________.
a. Codicil
b. Buyer Representation Agreement
c. Listing Agreement
d. Management Agreement - Answer d. Management Agreement
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