Texas Sae Real Esate Investment Course Exam Questions And Answers

In addition to the two anchor tenants, how many tenants does a community shopping center normally have? {Ans: 15 to 40}The IRS requires foreign property owners to withhold _____ of the gross purchase price when they sell real property they own in the U.S. {Ans: 15%}Tyrone is looking for a single-lot investment opportunities. What would be most important for him to research? {Ans: The community's growth pattern}What percentage of a neighborhood shopping center's gross leasable space does the major tenant lease? {Ans: 30 to 50}Santiago plans to develop a super-regional shopping center. What size lot will he need {Ans: 60 -120 acres}What is capital risk? {Ans: The risk an investor can not secure financing at an affordable rate.}Joey wants to invest in a regional shopping center. What size trade area can he plan to service? {Ans: Four -20 miles}Some countries have banks that issue loans for U.S. real estate purchases. What are the main countries that participate? {Ans: Taiwan, the U.K., and Canada}Which of the following scenarios describes an example of unilateral rescission? {Ans: Bobby, the buyer, makes an offer on a house that does not meet the appraisal contingency. He