Commercial Real Estate (Sae) |36 Questions| With Correct Answers.

The passive increase in the value of a parcel of land due to market forces is called _______ {Ans: Appreciation}Which statement regarding commercial real estate is FALSE? {Ans: Pocket listings are rare and can be viewed as unethical.}Which of the following types of buildings would you most likely find in the suburbs? {Ans: Office Parks}The overall duty of a property manager is to: {Ans: Seek to achieve the objectives of the owner/landlord}All investing is a function of _______ {Ans: Ratio of return}The ______ is the dominant estate in Texas. {Ans: Subsurface}AFter the wetlands have been delineated by the correct agency, and the correct permits have been filed and approved, the transaction closes and construction begins 12 months later. While back-filling into a trench, workers discover that their equipment had unearthed some artifacts including arrowheads and pottery shards. Further excavation reveals the presence of some 12 unmarked grave sites. The local news airs the story, and a historian comes forward warning that they could find even more graves if construction continues. According to texas law, how many graves must be present to constitute a cemetery? {Ans: One}A propertys value and desirability are determined by