Designed to serve individual business traveler

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Reference no: EM132221199

1. With respect to deed restrictions and restrictive covenants, which of these is FALSE?

A) Restrictions supersede any zoning on the property.

B) A landowner imposes individual deed restrictions while the developer usually establishes subdivision restrictions.

C) All the owners affected in a subdivision must agree to have the restrictions removed or changed.

D) Subdivision restrictions usually run for 10 years or less, or until all homes are constructed, whichever occurs first.

2. What type of hotel is designed to serve the individual business traveler?

A) Convention hotel

B) Extended-stay hotel

C) All-suite hotel

D) Commercial hotel

3. The principal characteristic of a commercial hotel is that it has

A) living areas, kitchens, and bedrooms.

B) larger rooms and very limited meeting and public space.

C) facilities that cater to vacationers.

D) meeting space, high-speed telecommunications, and food services.

4. What will one most likely find at the peak of the housing cycle?

A) A supply greater than demand, buyer offers accepted

B) An excess supply, lower prices, and competition among sellers

C) A shortage of supply, higher prices, and high profits for sellers

D) A supply in balance, stable prices, and modest profits for sellers

5. What can office building owners do to entice new tenants?

A) Hire a broker

B) Install partitions or fixtures

C) All of these

D) Assume a tenant's current lease obligation

Reference no: EM132221199

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