NC Post Licensing 303 Exam Questions and
Answers
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Practice questions for this set
Learn 1 /7 Study with Learn
Number of units, growth, market trends, prices
Choose an answer
Smoke & Carbon Monoxide
1 Commercial purchase contract 2
Detectors
3 Absorption factors 4 Potential Gross Income
Don't know?
Terms in this set (68)
, Commercial purchase vary widely, inspections or due diligent are key, no
contract standard contract
Commercial Due Free look, no risk, determined by buyer and seller
Diligence
BPO-Broker Price Opinion Contains a market analysis and derives value from
Analysis capitalization rates
I/R*V
Capitalization formula
Value=NOI/Rate
Vacancy Collection losses
Potential Gross Income
Additional income
Effective gross income Operating expenses
Debt service(mortgage), Capital expenditures
Net operating income
reserves commissions
Dirt owners dream, common arrangements, costals,
Ground Lease
lake, reservations, hong kong is the world's largest
Common Ground Lease Often Allowed construction of a building typically in
Provision the lease get to deduct rent as business expenses
Lease includes services, base rent + prorated
expenses + utilities & services, lessor pays expenses,
Full-Service Lease
but they are shared among tenants, rent is usually
higher than other leases, CAMs
Common area maintenance charges shared by all
CAMs
tenants
Lessor of the property; agents that have actual or
Landlord
apparent authority over the property
Smoke Mandatory, Carbon attached garage and fossil
Smoke & Carbon fuel appliances, landlord must install 10yr lithium
Monoxide Detectors batteries or hard wire; tenant replace batteries during
the lease
Answers
Save
Practice questions for this set
Learn 1 /7 Study with Learn
Number of units, growth, market trends, prices
Choose an answer
Smoke & Carbon Monoxide
1 Commercial purchase contract 2
Detectors
3 Absorption factors 4 Potential Gross Income
Don't know?
Terms in this set (68)
, Commercial purchase vary widely, inspections or due diligent are key, no
contract standard contract
Commercial Due Free look, no risk, determined by buyer and seller
Diligence
BPO-Broker Price Opinion Contains a market analysis and derives value from
Analysis capitalization rates
I/R*V
Capitalization formula
Value=NOI/Rate
Vacancy Collection losses
Potential Gross Income
Additional income
Effective gross income Operating expenses
Debt service(mortgage), Capital expenditures
Net operating income
reserves commissions
Dirt owners dream, common arrangements, costals,
Ground Lease
lake, reservations, hong kong is the world's largest
Common Ground Lease Often Allowed construction of a building typically in
Provision the lease get to deduct rent as business expenses
Lease includes services, base rent + prorated
expenses + utilities & services, lessor pays expenses,
Full-Service Lease
but they are shared among tenants, rent is usually
higher than other leases, CAMs
Common area maintenance charges shared by all
CAMs
tenants
Lessor of the property; agents that have actual or
Landlord
apparent authority over the property
Smoke Mandatory, Carbon attached garage and fossil
Smoke & Carbon fuel appliances, landlord must install 10yr lithium
Monoxide Detectors batteries or hard wire; tenant replace batteries during
the lease
