70.2K

Verified Solution

Link Copied!

When a landowner leases unimproved land to a tenant who agrees t is usually referred to as a 25. o erect a building on the land, the lease Mineral rights lease A. B. Variable Lease C. Lease purchase D. Ground Lease 26. All of the following are risk management techniques Except: A. Retain 8. Control C. Tenant's Insurance D. Transfer 27. All of the following managers EXCEPT: are common types of insurance coverage available to income property owners and A. Fire and Hazard B. Liability C. Floor D. Tenant's Insurance 28. All of the following are types of maintenances EXCEPT: c Corrective A. Routine B. Avoid C. Corrective D. Preventive 29. Preventive maintenance does which of the following? A. B. C. D. Provides estimates for tenants repains Makes a property meet tenants needs Corrects problems after they've occurred Helps prevent problems and expenses 30. A property managers job is to: Increase the rent as need for the profitability of the owner A. B. Preserve and increase the value of the property Make sure the owner always has money for family vacations Invest the rental income to improve the profit for years' end cash flow C. D. RELMS Stands for: A. B. C. D. 31. Real Estate Licensing Management System Real Estate Mortgage System Real Estate Licensing and Mortsage System Real Estate Licensing Monitoring System

Answer & Explanation Solved by verified expert

See Answer