ACEABLE AGENT GEORGIA POST-LICENSE
EXAM WITH VERIFIED QUESTIONS AND
ANSWERS || GARANTEED PASS|| ALREADY
GRADED A+ || LATEST UDATE 2025
Which of the following is NOT an advantage to leasing?
A. ability to capture appreciation
B. lower amount of initial cash
C. flexibility
D. staying up to date - ANSWER-A. ability to capture appreciation
Which of the following is NOT an example of a common area?
A. a bike storage room in a condo development
B. a dining room in an apartment
C. a public bathroom at a coffee shop
D. a lobby in an office building - ANSWER-B. a dining room in an apartment
In the context of commercial leases, price per square foot reflects the:
A. monthly rental rate of a property
B. annual tax assessment of a property
C. annual rental rate of a property
D. monthly tax assessment of a property - ANSWER-C. annual rental rate of a
property
Agent Fred is helping a growing startup find a new office space. Fred finds a
great location with almost 5,000 square feet. When the client sees the space,
,they realize the agent was including bathrooms and a kitchen shared with one
other company in the square footage. What is TRUE of this situation?
A. Agent Fred was quoting the rentable square footage of the space.
B. Agent Fred was quoting the usable square footage of the space.
C. Agent Fred can find the usable square footage of the space by measuring the
office and shared kitchen.
D. Agent Fred can find the usable square footage of the space by measuring the
office and shared bathrooms. - ANSWER-A. Agent Fred was quoting the
rentable square footage of the space
Which is the correct formula for calculating loss factor?
A. (RSF - USF) ÷ RSF
B. (RSF - USF) ÷ USF
C. (USF - RSF) ÷ USF
D. (USF - RSF) ÷ RSF - ANSWER-A. (RSF - USF) ÷ RSF
Which of the following statements is TRUE regarding building efficiency?
A. Building efficiency is the ratio of usable square footage to rentable square
footage.
B. Building efficiency is the opposite of loss factor.
C. Building efficiency can be found by dividing usable square footage by
rentable square footage.
D. All choices are correct. - ANSWER-D. All choices are correct.
Based solely on the information below, which office building option is the best
deal for tenants?
A. Office Building A with a loss factor of 60%
B. Office Building B with a loss factor of 41%
C. Office Building C with a loss factor of 39%
,D. Office Building D with a loss factor of 54% - ANSWER-C. Office Building
C with a loss factor of 39%
A lower loss factor allows tenants to have higher amounts of usable square
footage for the same price
Lisa has 30,000 rentable square footage and 20,000 usable square footage.
Using the information provided, what is Lisa's loss factor?
A. 33%
B. .33%
C. 50%
D. .55% - ANSWER-A. 33%
Lisa has a loss factor of 33%. We know this by solving the following problem,
(30,000 - 20,000) ÷ 30,000.
Lisa has 30,000 rentable square footage and 20,000 usable square footage.
Using the information provided, what is the building efficiency of Lisa's new
building?
A. 150%
B. 50%
C. 66%
D. 33% - ANSWER-C. 66%
The building efficiency of Lisa's building is 66%. We know this by dividing the
USF (20,000 sq. ft.) by the RSF (30,000 sq. ft.).
Net leases are most commonly used for:
A. residential properties
B. leasehold properties
C. commercial properties
, D. undeveloped properties - ANSWER-C. commercial properties
For which type of property are percentage leases most commonly used?
A. industrial buildings
B. retail buildings
C. office buildings
D. residential buildings - ANSWER-B. retail buildings
Upon the expiration of a ground lease, ownership of any construction on the
land reverts to the:
A. lessee
B. builder
C. renting commercial tenant
D. original landowner - ANSWER-D. original landowner
Which of the following is an example of space market risk?
A. The local rental rates in the Watermark neighborhood decrease after three
new apartment buildings are built.
B. Housing prices decrease after the Federal Reserve chairperson announces an
increase in interest rates.
C. An investor loses their real estate investment after the mortgage company
forecloses on the property.
D. Building construction costs increase as tariffs increase on building materials.
- ANSWER-A. The local rental rates in the Watermark neighborhood decrease
after three new apartment buildings are built.
Which of the following is an example of capital market risk?
A. A real estate investor lost a lawsuit and was unable to pay his mortgage
payments as a result
EXAM WITH VERIFIED QUESTIONS AND
ANSWERS || GARANTEED PASS|| ALREADY
GRADED A+ || LATEST UDATE 2025
Which of the following is NOT an advantage to leasing?
A. ability to capture appreciation
B. lower amount of initial cash
C. flexibility
D. staying up to date - ANSWER-A. ability to capture appreciation
Which of the following is NOT an example of a common area?
A. a bike storage room in a condo development
B. a dining room in an apartment
C. a public bathroom at a coffee shop
D. a lobby in an office building - ANSWER-B. a dining room in an apartment
In the context of commercial leases, price per square foot reflects the:
A. monthly rental rate of a property
B. annual tax assessment of a property
C. annual rental rate of a property
D. monthly tax assessment of a property - ANSWER-C. annual rental rate of a
property
Agent Fred is helping a growing startup find a new office space. Fred finds a
great location with almost 5,000 square feet. When the client sees the space,
,they realize the agent was including bathrooms and a kitchen shared with one
other company in the square footage. What is TRUE of this situation?
A. Agent Fred was quoting the rentable square footage of the space.
B. Agent Fred was quoting the usable square footage of the space.
C. Agent Fred can find the usable square footage of the space by measuring the
office and shared kitchen.
D. Agent Fred can find the usable square footage of the space by measuring the
office and shared bathrooms. - ANSWER-A. Agent Fred was quoting the
rentable square footage of the space
Which is the correct formula for calculating loss factor?
A. (RSF - USF) ÷ RSF
B. (RSF - USF) ÷ USF
C. (USF - RSF) ÷ USF
D. (USF - RSF) ÷ RSF - ANSWER-A. (RSF - USF) ÷ RSF
Which of the following statements is TRUE regarding building efficiency?
A. Building efficiency is the ratio of usable square footage to rentable square
footage.
B. Building efficiency is the opposite of loss factor.
C. Building efficiency can be found by dividing usable square footage by
rentable square footage.
D. All choices are correct. - ANSWER-D. All choices are correct.
Based solely on the information below, which office building option is the best
deal for tenants?
A. Office Building A with a loss factor of 60%
B. Office Building B with a loss factor of 41%
C. Office Building C with a loss factor of 39%
,D. Office Building D with a loss factor of 54% - ANSWER-C. Office Building
C with a loss factor of 39%
A lower loss factor allows tenants to have higher amounts of usable square
footage for the same price
Lisa has 30,000 rentable square footage and 20,000 usable square footage.
Using the information provided, what is Lisa's loss factor?
A. 33%
B. .33%
C. 50%
D. .55% - ANSWER-A. 33%
Lisa has a loss factor of 33%. We know this by solving the following problem,
(30,000 - 20,000) ÷ 30,000.
Lisa has 30,000 rentable square footage and 20,000 usable square footage.
Using the information provided, what is the building efficiency of Lisa's new
building?
A. 150%
B. 50%
C. 66%
D. 33% - ANSWER-C. 66%
The building efficiency of Lisa's building is 66%. We know this by dividing the
USF (20,000 sq. ft.) by the RSF (30,000 sq. ft.).
Net leases are most commonly used for:
A. residential properties
B. leasehold properties
C. commercial properties
, D. undeveloped properties - ANSWER-C. commercial properties
For which type of property are percentage leases most commonly used?
A. industrial buildings
B. retail buildings
C. office buildings
D. residential buildings - ANSWER-B. retail buildings
Upon the expiration of a ground lease, ownership of any construction on the
land reverts to the:
A. lessee
B. builder
C. renting commercial tenant
D. original landowner - ANSWER-D. original landowner
Which of the following is an example of space market risk?
A. The local rental rates in the Watermark neighborhood decrease after three
new apartment buildings are built.
B. Housing prices decrease after the Federal Reserve chairperson announces an
increase in interest rates.
C. An investor loses their real estate investment after the mortgage company
forecloses on the property.
D. Building construction costs increase as tariffs increase on building materials.
- ANSWER-A. The local rental rates in the Watermark neighborhood decrease
after three new apartment buildings are built.
Which of the following is an example of capital market risk?
A. A real estate investor lost a lawsuit and was unable to pay his mortgage
payments as a result
