Ree 3043 review questions - Study guides, Class notes & Summaries

REE 3043 REVIEW QUESTIONS WITH REVISED CORRECT ANSWERS Nonrecurring Expenses - Answer-Leasing commissions, tenant improvements, retenanting expenses A project's NOI is calculated by: - Answer-deducting all expenses and allowances from the property's effective gross income The capitalization rate found by dividing the NOI of a property by its selling price takes into account investor's future cash flows - Answer-true The allowance known as the reserve for replacements and other nonr...

REE 3043 REVIEW TEST QUESTIONS WITH REVISED ANSWERS – UPDATED property right - Answer-lienholder can take possession of the property upon foreclosure and sell property to retire debt general liens - Answer-arise from events not merely related to property but for debts on a general account specific liens - Answer-arise specifically from ownership and use of property lien priority - Answer-who gets paid first from foreclosure sale proceeds tenants in common - Answer-each party own...

REE3043 FINAL REVIEW EXAM WITH QUESTIONS AND ANSWERS ...

REE 3043 REVIEW TEST QUESTIONS WITH REVISED ANSWERS affirmative easement - Answer-allows intrusive use of burdened land negative easement - Answer-restricts burdened landowner's use of land lien - Answer-interest in property given as security for repayment of a debt doctrine of constructive notice - Answer-a common law tradition stating that if a person is capable of knowing about a claim or rule, then he or she can be bound by it most common form of legal description for rural pro...