Intro To Real Estate

Front 1

Hiring in-house employees will always result in cost savings compared to contracted labor or Outsourcing?

Back 1

False

Front 2

Which of the following factors is least likely to influence the number of staff and their level of specialization regarding Real Estate Management

Back 2

The neighborhood in which the properties are located

Front 3

Internal promotion of an employee is not recommended because it creates I need to train two positions instead of one increasing operation cost. T/F

Back 3

False

Front 4

The document containing the company's policies and procedures and the employee benefits best describes

Back 4

Employee manual

Front 5

Which law protects employee in applicants from discrimination in the hiring and employment process

Back 5

Civil Rights Act

Front 6

A worker that is eligible to receive overtime pay for hours worked in excess of daily or weekly maximums best to find a non-exempt employee. T/F

Back 6

True

Front 7

At-will employment protects employers rights to terminate an employee for any reason without potential for resource. T/F

Back 7

False

Front 8

An employer's failure to act as a reasonably prudent manner such as performing background checks on all new employees may lead to accusations of________ regarding the employers behavior.

Back 8

Negligence

Front 9

Because commercial properties involve more expensive rental space they often require more elaborate model units and finishes to attract potential tenants. T/F

Back 9

False

Front 10

When identifying your target market which of the following is not one of the four determining factors identified in the textbook?

Back 10

Zoning

Front 11

Real estate leasing and sales commissions for both sides of the transaction are generally paid by the owner of the property

Back 11

True