5) The Langoon Family is taking over the mortgages on a condo that they are buying from the Hudsons because the mortgage rate is lower than they could otherwise get. What the Langoons are doing is:
(A) converting their mortgage (B) assuming their mortgage (C) voiding their mortgage. (D) assigning their mortgage.
6) A standard deed which indicates that the current holder is the current owner and has the right to convey the property through a typical conveyance is often referred to as a
(A) Bargain & Sale deed. (B) quitclaim deed (C) general warranty deed (D) deed of trust.
7) An unusual, but sometimes required, deed in which the current signatory states that he/she no longer has any current or future rights to the property is referred to as a:
(A) Bargain & Sale deed. (B) quitclaim deed (C) general warranty deed (D) deed of trust.
8) One of the following is typically awarded a share of partnership profits disproportionate to their investment:
a) Limited Partner b) General Partner c) Club Investor d) Master Limited Partner
9) An end loan is:
a) The date on which a commercial mortgage terminates b) A loan made to the purchaser of a condominium c) A refinancing proposal following maturity of a commercial mortgage d) The first step in the foreclosure process
10) Regarding basic mortgage financing loans, which is incorrect?
a) A “due-on-sale” clause requires mortgage repayment when a property is sold. b) An assumable mortgage can be transferred to a new buyer. c) Commercial mortgages can never be extended. d) Mortgages have a maturity date.
11) In a typical commercial mortgage:
a) The principal is fully amortized during the loan term b) The same amount of principal is amortized each month. c) The amortization schedule is longer than the loan life d) None of the above
12) Which of the following is not used in finding the NOI?
(A) Gross Revenue (B) Annual Insurance Costs (C) Vacancy allowance (D) Mortgage Interest rate
13) Triple-Net leases have the tenant picking up all of the following expenses EXCEPT:
(A) Pro-Rated Taxes (B) Insurance (C) Air Conditioning (D) Marketing Fees for Vacant Spaces
14). We discussed six Basic Property Types, which include all of the following broad categories EXCEPT:
(A) Industrial (B) Office (C) Mixed-Use (D) Medical
15) Zoning designations fall into three broad categories, including all of the following, EXCEPT:
(A) Residential (B) Manufacturing (C) Commercial (D) Financial Services with Broadband
16) When determining the value for stabilized income-producing properties, we look to the following data points for calculations:
(A) cap rates (B) LIBOR (C) BEKA Rates of Distribution (D) Rate of building permits
17) When determining the value for vacant land, we apply the following concept to determine its value:
(A) Residual (B) Renewable (C) Reparations (D) Vituperative. Get Finance homework help today
We aim at 100% customer satisfaction. As such, we never compromise on the quality of our assignment services and strive to maintain the highest standards of work for all our clients. Our writers craft each paper carefully to match the requirements on the instructions form while at the same time being surgical and objective while handling client work.
We receive many applications from writers around the world daily. Nevertheless, we only choose the cream of the crop to tackle your “help with homework” requests. Hence, our homework helpers are highly-qualified individuals who adhere to our quality policy.
We maintain a fair pricing policy for all our homework help services. Our pricing system generates quotations based on the requirements of each paper. Hence regardless of the complexity or duration of a paper, our system determines the most accurate and pocket-friendly price for all our clients.
At MyHomeworkWriters, we guarantee all students swift delivery of their assignments. We understand that time is an essential factor in the academic world. We, therefore, ensure that all assignments are delivered on or before the agreed deadline. This leaves room for editing to incase the client wants changes done to the work delivered by our writers.
We maintain a zero-plagiarism policy in all our papers. Our writers stick to the instructions to deliver plagiarism-free work. Other than that, they extensively research the work they are handling and are keen to avoid any chance of similarities with previously written papers. Our editors check every completed work to ascertain it’s at the set standards.
Our main objective is to assist you through every step of your academic journey. Thus, we completely understand that you might run into trouble once in a while when interacting with our system. If you do run into trouble, please get in touch with our support agents and they will immediately provide you with assistance. Feel free to contact us via the Chat window or email us.
Follow these simple steps to get your homework done
Fill in the order form and provide all details of your assignment.
Choose the payment system that suits you most.
You will be able to track the progress of your paper from our system.
Once your paper is ready, we will email it to you.
Myhomeworkwriters holds a reputation for providing high-quality assignment writing services. You only need to give us all the requirements for your “do my homework” order, and our writers will give you the best results.
Our team is skilled and equipped in searching for information required to complete work handed over to them. Regardless of the complexity of the work, we are determined to get the job done. Extensive research when handling client requests makes it possible for us to be able to stick to the boundaries and guidelines set by the clients. Thus enabling us to keep the work original and plagiarism free.
We have highly qualified writers to assist you whenever you place in "help with my homework" order. Our essay writing service is designed to not only help students get good grades but also excel in their studies. Our writers are highly experienced and educated specialists and professionals who want to do more than creating a difference in the academic field.
Our editors have a keen eye when going through work. They can capture even the smallest of errors. This has been made possible by the fact that we have been in the academic field for more than 5 years now. Thus, they bring with them previous experience when going through work to be able to capture everything. These unique skills make it possible for us to deliver error-free work to our clients.
Our team has very experienced specialists and professionals. This gives us a competitive edge over our competitors. Whenever we receive work that needs to be redone, everyone gets involved. That’s inclusive of our editors. This collective involvement in doing work makes it possible for us to deliver high-quality work to all our clients. Other than that it makes it possible for us to adhere to our originality and plagiarism-free policies.