MULTIPLE CHOICE QUESTIONS

LEASE NEGOTIATIONS

1. The following are taken into considerations by the lessors in lease negotiations, EXCEPT:
a. Tenant selection
b. Percentage leases
c. Tenant improvements
d. Lease income

2. Below are some consistencies in tenant negotiations that are worth listing, EXCEPT:
a. “I don’t like the location.”
b. “The rent is cheaper at better locations.”
c. “I am doing you a favor by considering your facility.”
d. “I don’t want to contribute income to the lessor.”

3. The consultant in consulting for a shopping center considers the following factors, EXCEPT:
a. to mortgage the shopping center.
b. to find out what is presently going on within the center.
c. to project the future income and expense of the center.
d. to identify the logical buyer.

INDUSTRIAL PROPERTIES CONSULTING

4. Market analysis for industrial properties is complicated due to the following factors, EXCEPT:
a. The market areas for these properties are more widely scattered.
b. Price is usually artificial.
c. Demand is more limited.
d. Supply is highly differentiated according to the operation of the enterprise.

5. The consultant must obtain pertinent data on the following influences on land and building
values in an industrial district, EXCEPT:
a. The nature of the district;
b. The political climate;
c. The profit and loss of the operation;
d. The labor supply.

6. The following except one are the types of industrial properties.

a. Income-purpose properties
b. General-purpose properties
c. Limited-purpose properties
d. Single-purpose properties

7. Which of the following industrial properties that restrict their use to a small range of industrial
activities.
a. Income-purpose properties
b. General-purpose properties
c. Limited-purpose properties
d. Single-purpose properties

8. Which of the following industrial properties that can be adopted to a wide range of alternative
uses with minimal expense and difficulty.
a. Income-purpose properties
b. General-purpose properties
c. Limited-purpose properties
d. Single-purpose properties
 9. Which of the following industrial properties that convertibility to alternative uses is always
possible at a price.
a. Income-purpose properties
b. General-purpose properties
c. Limited-purpose properties
d. Single-purpose properties

10. Among the community factors that should be considered when selecting an industrial property
are the following, EXCEPT:
a. Prestige community
b. Economic trends
c. Available transportation
d. Governmental attitudes

11. Which of the following equity investors in industrial property that invests in industrial real estate
for use and of independent investment.
a. User-investor
b. Nonuser-investor
c. Combination of user and investor
d. Either a or b

RECREATION AND RESORT PROPERTY CONSULTING

12. The recreational and resort properties may include the following, EXCEPT:
a. Club share
b. Tennis court
c. Swimming pool
d. Golf course

13. The real estate consultant may provide the following valuable services to developers of
prospective recreational or resort projects, EXCEPT:
a. Billing his professional fee
b. Complying with regulations
c. Identifying specific target market
d. Preparing a marketing strategy

GOLF COURSE DEVELOPMENT

14. The following types of communities frequently developed with golf courses are, EXCEPT:
a. Socialized housing
b. Semi-retirement communities
c. First-class communities
d. Second-class communities

15. Which of the following does not belong to the approaches to set club membership fees.
a. Clubs with regular golf dues only
b. Clubs with regular golf dues and entrance fees
c. Clubs with regular golf dues, entrance fees, and proprietary membership cost
d. None of the above