Reference no: EM132221197
1. An apartment rental project may be turned into condominiums by
A) a conversion procedure.
B) replatting.
C) sale and leaseback.
D) rezoning.
2. Which type of bond is repaid by the rents collected from the industrial tenants?
A) Savings bonds
B) General obligation bonds
C) Debenture bonds
D) Revenue bonds
3. The most important features of a steel manufacturing plant location would include
A) business activity in the area, proximity to hospitals and health services, proximity to shopping malls and upscale restaurants, and high visibility to drivers.
B) car and pedestrian traffic flows, location of competitors, public transportation facilities, adequate parking space, and the income levels of the market area populace.
C) size of family units, median income levels, and trends in family composition.
D) the opportunity for physical expansion, transportation facilities, availability of raw materials, and the potential labor pool in the area.
4. What is the difference between a developer and a speculator?
A) Nothing, they are the same thing.
B) A speculator evaluates land potential for a purchaser.
C) A developer holds the land for growth in value.
D) A developer improves raw acreage, and a speculator holds the land for growth in value.
5. Which situation would give the most certain answer for a return on investment (ROI) forecast analysis?
A) An industrial park with consistently high occupancy rates
B) An office building with long-term leases and strong tenants
C) A triple-net lease with an AAA-rated corporation for a specified period
D) Unimproved land that is to be sold after the fifth year of ownership