Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

exam 4 > true or false > Flashcards

true or false Flashcards

1
Q

intensification

A

involves the increase availability of housing stock and the most effective se of existing municipal service

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

built in shelving if not identified in the agreement of purchase and sale would be deemed included

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

office building

A

should be income approach

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

signage on the front of a retail condo unit may be a common element that is for the exclusive use of a particular unit owner

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

direct comparison approach

A

apprised bases a value estimate on how much an informed buyer would pay for an existing property with e same utility

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

condo corporaiton

A

can recover legal costs when pursuing the unit owner regarding the non-payment of common expense

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

based on this indormation

A

the buyer intended use doesn’t match the light industrial use

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

based on this indormation

A

the buyer intended use doesn’t match the light industrial use

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

brownfield

A

provide a measure of environmental liability protection for land developers dealing with abandoned properties

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

live load requirement

A

found in Ontario building code

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

bay depth

A

is an unobstructed area between the load bearing wall and row of supporting columns within the building

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

cash flow

A

operation cash flow and sale proceeds cash flow

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

present use is not reuired under title search clause but is recommended to better protect buyer intrest

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

lenders often require phase 1 environmental assessment for industrial property

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

if an remuneration agreement is not established with the landlord, the tenant would typically be required to play the entire remuneration

A

the tenant is typically responsible for any deficiency between the agreed remuernation and the amount paid by the landlord

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

NOT CORRECT

A

the remuneration must be paid prior to the tenant taking occupancy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

NOT CORRECT

A

the remuneration must be paid prior to the tenant taking occupancy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

the landlord has pivity of contract with original tenant

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

there should be a breakdown of the value of asset

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

written contact is not legally required to create a working relationship– but it is preferred for independent contractors

A

saleperson in larger commercial brokerages tend to be employee not independent contractors

19
Q

partnership as such

A

if x make a decision during normal course of partnership business activity y would be liable

20
Q

capital gain

A

buyer may be liable to pay non-resident seller capital gain tax

21
Q

advantage of using trust as a form

A

defer inheritance taxes from a property passed down within a family

22
Q

offical plan and zonning

A

municipality

23
Q

investor

A

reliability operation cash flow, tax sheltering, capital appreciation

24
Q

modular structure

A

arrive with all component included ready for placement on previously poured pad

25
Q

zoning bylaw impact where structure can be placed on a lot zoned for industrial purpose

A
26
Q

if floor height is reduced it is possible to accommodate more floor in a higher building

A
26
Q

if floor height is reduced it is possible to accommodate more floor in a higher building

A
27
Q

lifestyle centre

A

village style shopping center

27
Q

lifestyle centre

A

village style shopping center

28
Q

height restriction as well as floor area ratio can limit gross building floor area

A
29
Q

built up roof

A

asphalt , felts and gravel

29
Q

built up roof

A

asphalt , felts and gravel

30
Q

low rise DOES NOT USE

A

STEEL

30
Q

low rise DOES NOT USE

A

STEEL

31
Q

ontario fire code

A

proviincial

32
Q

tite-up - poured on site and up

A
32
Q

tite-up - poured on site and up

A
33
Q

zoning got nothing to do with Ontario building code

A
34
Q

floor load

A

structural consideration not relevant location assessment

35
Q

net rent rate

A

prospective tenant to compare office leasing cost

36
Q

unit renovation must comply with Ontario building code

A
37
Q

NOIC- new owner info certificate

A
37
Q

NOIC- new owner info certificate

A
38
Q

industrial condo coporation

A
39
Q

commercial condo unit are not covered under tarion warranty program but may be covered under a builder warranty

A
40
Q

desgin building

A
  • tailored to the needs of future tenant, not property owner
  • involve single purpose building
  • effective method to meet compony needs, suitable developer/landlord are located

exam 4 (14 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions