Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
10 Cards in this Set
- Front
- Back
|
rent that is above market rent is?
|
excess rent
|
|
|
percentage (%) of sales rent is?
|
overage rent
|
|
|
payments steps up or down a fixed amount each period is known as
|
graduated rent
|
|
|
a minimum index protects ? a max index protects?
|
landlord, tenant
|
|
|
gives tenant the right to sublease the premises to a subtenant.
|
right to sublet
|
|
|
a transfer of lessee's rights to new lessee is known as
|
right to assign
|
|
|
landlord pays expenses up to a specified amount per sq foot is known as
|
expense stops
|
|
|
owner must offer to sell property or rent additional space to tenant before completing sales to a third party is known as
|
right of first refusal
|
|
|
what are the 3 types if income?
|
active income
portfolio income passive income |
|
|
what is the depreciation basis for residential and non-residential?
|
27.5 year S/L
39 year S/L |
