Calp naa exam with - Study guides, Class notes & Summaries
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CALP (NAA) Exam Practice Questions With 100% Correct Answers!!
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CALP (NAA) Exam Practice Questions With 100% Correct Answers!!
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CALP (NAA) Exam Practice Questions with correct answers
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CALP (NAA) Exam Practice Questions With 100% Correct Answers!!
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CALP (NAA) Exam Practice Questions With 100% Correct Answers!!
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CALP (NAA) Exam Practice Questions with correct answers
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CALP (NAA) Exam Practice Questions with correct answers
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CALP (NAA) Exam Practice Questions with correct answers
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CALP (NAA) Exam Practice Questions 
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CALP (NAA) Exam Practice Questions with correct answers
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CALP NAA Exam Practice With Correct Solutions 2024
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CALP NAA Exam Practice With Correct Solutions 2024
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CALP (NAA) Exam Practice questions with verified answers
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CALP (NAA) Exam Practice questions with verified answers 
Your community has 48 1/1 apartments leasing for a market rent of $1375. Your manager has approved an incentive of one month free on a 12 month lease. What is the effective monthly rent of the 1/1 in whole dollars? 
 
a. 1260 
b. 1262 
c. 1490 
d. 1155 - Correct Answers A. $1260 
 
1375/12= 114.58 
1375-114.58= $1260.42 --> $1260 
 
Your manager is considering a leasing incentive on 12 month leases. Which would offer the higher effect...
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CALP (NAA) Exam Practice Questions with correct answers
- Exam (elaborations) • 7 pages • 2024
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Your community has 48 1/1 apartments leasing for a market rent of $1375. Your 
manager has approved an incentive of one month free on a 12 month lease. 
What is the effective monthly rent of the 1/1 in whole dollars? 
a. 1260 
b. 1262 
c. 1490 
d. 1155 - ANSWER-A. $1260 
1375/12= 114.58 
1375-114.58= $1260.42 --> $1260 
Your manager is considering a leasing incentive on 12 month leases. Which 
would offer the higher effective rent - Two weeks free on a 2/1 leasing for $1250 
or one month free...
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CALP (NAA)- EXAM WITH (Q & A)
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CALP (NAA)- EXAM WITH (Q & A) 
 
 
Which property has the highest physical occupancy? 
 
Property A. 365 of 452 units occupied 
Property B. 217 of 302 units occupied 
Property C. 265 of 386 units occupied (use whole percentages) 
 
a. property a and b are the same 
b. property b 
c. property c 
d. property a 
 - CORRECT ANSWER D. Property A 
 
Property A: 365/452=.8075 --> 81% 
Property B: 217/302=.7185 --> 72% 
Property C: 265/386=.6865 --> 69% 
 
Economic Occupancy Formula 
- COR...
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