Exam Questions With Correct Answers
Terms in this set (172)
California law every rental housing community with 16 units or
requirements more
to have an employee or owner residing on site .
in order to maximize it is necessary to set competitive rents
rental
revenues
is a total of all current market rents for
each unit and can also be used as a rent
gross potential rent roll . take the total number of units ,
(GPR) multiply by the market rent rate of each
unit and multiply by 12 for annual gross
revenue
projection.