SU # 70__Reports and Specialization Flashcards

1
Q

Which information is not likely to be included in a demographic ring study?

Traffic counts

Average household income

Population

Marital status

A

Traffic counts

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2
Q

What are the two biggest concerns of retail property owners?

Tenant sales and rental rates

Tenant sales and operating expenses

Operating and capital expenses

Rent and operating expenses

A

Tenant sales and operating expenses

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3
Q

A budget variance report is

A report that shows how the property performed at the end of the year as compared to the previous year

A report that tracks monthly how the property is performing against budget projections

A report that revises the current year’s budget against the previous year

A report that shows how the property has performed year over year as compared to budget

A

A report that tracks monthly how the property is performing against budget projections

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4
Q

Which of the following would be considered a liability?

Accounts payable

Rent

Fixtures

Building

A

Accounts payable

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5
Q

Which of these would most likely be included in the leasing activity report?

Competing properties report

List of property showings

Tenant retention plan

All of the above

A

All of the above

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6
Q

Which of the following property types requires the least amount of hands-on management?

Retail

Hospitality

Office

Industrial

A

Industrial

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7
Q

The benefit of a competitive analysis is to understand:

Deferred maintenance

Leasing activity in the vicinity

Market rent levels

Highest and best use

A

Market rent levels

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8
Q

The delinquency report primarily tracks:

Expiration schedules

Aged receivables

Overdue accounts payable

Crime activity in the property’s common area.

A

Aged receivables

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9
Q

Which of the following would not appear on the tenant rent roll?

Square footage

Lease expiration date

Base monthly rent

Tenant improvements

A

Tenant improvements

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10
Q

The owners of which type of property are most likely to be concerned with tenant buildout costs?

Retail

Industrial

Office

Multi-family

A

Office

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