Leasing exam 1 - Study guides, Class notes & Summaries

CLFP EXAM - History & Purpose of Leasing Currently how big is the leasing industry? - Correct answer-American companies acquire $1 billion in equipment each year of which 55% is leased. What % of companies lease? - Correct answer-8 of 10 How old is leasing? - Correct answer-4000 years ago the Sumerians produced leases on clay tablets for ag tools, water rights and animals. The Code of Hammurabi is an ancient record of Babylonian dating back to 1700 bc What is the Statue of Whales? - Corr...

Argus Certification Exam VERIFIED 100% SOLUTIONS True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation- DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation - ANSWER True In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within certain sections of the program. - ANSWER True In AE, a user can add over 100 properties into a portfolio. - ANSWER True Which is a benefit to utilizing a Chart of Accounts? a) Easier t...

NFPA 72 FINAL EXAM QUESTIONS AND ANSWERS WITH 100% CORRECT ANSWERS 1. what is the purpose of Texas fire rules?: -To regulate the planning, selling, leasing, installing, servicing, monitoring and maintenance of fire devices and systems.

Mississippi Real Estate License Law Exam Completely Solved (GRADED A) Mississippi Real Estate License Law Exam Completely Solved (GRADED A) Mississippi Real Estate License Law Exam Completely Solved (GRADED A) Mississippi Real Estate License Law Exam Completely Solved (GRADED A) Who is required to have areal estate license? - ANSWER Anyone advertising, selling or leasing property on behalf of others or carrying out real estate business on behalf of others. Who is exempt fr...

1. The lease contract stated that the renters would bring in the security deposit within five days. It is now the sixth day and the renters have not brought in the money. This is legally referred to as: - Answer- Breach 2. In dealing with the public, a licensee: - Answer- may keep silent about a material fact concerning the property if the client is the owner. d) may negotiate different commissions with different owners. 3. Escrow monies: - Answer- could include security deposits as well a...

Illinois Leasing Agent Practice Exam Questions and Answers (Graded A)Illinois Leasing Agent Practice Exam Questions and Answers (Graded A)Illinois Leasing Agent Practice Exam Questions and Answers (Graded A)Illinois Leasing Agent Practice Exam Questions and Answers (Graded A)Illinois Leasing Agent Practice Exam Questions and Answers (Graded A)1. The lease contract stated that the renters would bring in the security deposit within five days. It is now the sixth day and the renters have not brough...

312. Florida has established three authorized brokerage relationships. Unless otherwise established by agreement, what is the broker's relationship with the public? a. Nonrepresentation b. Single agency c. Dual agency d. Transaction brokerage - Answer- D. Transaction brokerage 242. A broker has been found guilty of mail fraud by a court and sent to jail. The broker's license will: a. Automatically be revoked b. Automatically be suspended c. Probably be revoked because of the con...

Illinois Leasing Agent Practice Exam Questions and Answers (Graded A)Illinois Leasing Agent Practice Exam Questions and Answers (Graded A)Illinois Leasing Agent Practice Exam Questions and Answers (Graded A)Illinois Leasing Agent Practice Exam Questions and Answers (Graded A)Illinois Leasing Agent Practice Exam Questions and Answers (Graded A) 1. The lease contract stated that the renters would bring in the security deposit within five days. It is now the sixth day and the renters have not brou...

LML4804 EXAM PACK 2023 LATEST QUESTIONS WITH ANSWERS. Income Tax: QUESTION 1 During the 2003 tax year, Mr Johnson leased a dilapidated but wellsituated shopping centre for a period of 10 years. He intended to sub-let it at a profit. Mr Johnson had to renovate the property in order to render it suitable for letting. His expenditure in this regard during the 2003 tax year included an amount of R30 000 for the replacement of broken windows, an amount of R80 000 for the painting of the buildi...