TEXAS SAE REAL ESTATE INVESTMENT 2
LATEST VERSIONS (VERSIONS A & B) 2024-2025
ACTUAL EXAM 300 REAL EXAM QUESTIONS
AND CORRECT DETAILED ANSWERS
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1 Building manager:
2 Political issue analysis:
Title 1
Victims of fair housing discrimination can seek redress in federal court. Within how
many years of the alleged violation do they have to do so?
, 4 a. Four years
b. One year
c. Three years
d. Two years
Don't know?
Terms in this set (129)
Steven put down $10,000 c 28%
toward a property's
purchase price, financed Return on investment or ROI = cash flow ÷ cash
the rest, and now has a investment. $2,800 ÷ $10,000 = 28%.
cash flow of $2,800 after
repairs and debt service.
What's his ROI?
a 21%
b 26%
c 28%
d 32%
What's a legal agreement b. A covenant
or promise made
between two parties? A legal agreement or promise made between two
parties is a covenant.
a. A consideration
b. A covenant
c. A handshake
d. A negotiation
, Which type of c. Regional shopping center
commercial property
offers parking **Regional shopping centers are usually enclosed,
surrounding the outside with stores facing inward and connected by a
of the property, but also common walkway. Parking is available surrounding
indoor parking beneath the outside of these centers, although some have
the building? indoor parking beneath the building, as well.
a. Community shopping
center
b. Neighborhood
shopping center
c. Regional shopping
center
d. Strip store
During the option period d. The tenant makes the decision.
to renew a lease, who
determines whether the **When there's an option period in play, the lease
option will be exercised? can be renewed at the sole discretion of the tenant.
The landlord has no say in whether the option will
a. Either the landlord or be exercised (or not).
the tenant can make the
decision.
b. It must be mutually
agreed to by both the
landlord and the tenant.
c. The landlord makes the
decision.
d. The tenant makes the
decision.