Real Estate Economics – 5th Edition - by Huber, Messick, and Pivar
Chapter 12 Quiz
Copyright January 2011, Educational Textbook Company
1. Which type of insulation has been found to cause severe health problems and even death in people?
a. Fiberoptic
b. Asbestos
c. Clay
d. Dioxy carbon
2. In 1999, investors from which country purchased the Rockefeller Center office tower?
a. Germany
b. Japan
c. France
d. Canada
3. In mid-2004, investors from which country became significant buyers of U.S. commercial property?
a. Saudi Arabia
b. Japan
c. Germany
d. Australia
4. What does REITs stand for?
a. Real estate investment trade
b. Real estate income transaction
c. Real estate investment trust
d. Real estate investment transaction
5. A Syndicate is often organized as a(n):
a. public corporation.
b. insurance company.
c. sole proprietorship.
d. limited partnerships.
6. A central business area closes a street to traffic. The shopping area created is a(n):
a. urban pedestrian mall.
b. mini mall.
c. downtown mall.
d. urban profit center.
7. Neighborhood shopping centers usually contain which type of store as an anchor tenant?
a. Liquor store
b. Food store
c. Convenience store
d. Dry cleaners
8. Converting vacant structures into which of the following has helped to revitalize deteriorating neighborhoods and make area housing more attractive?
a. Hospitals
b. Police stations
c. Schools
d. Churches
9. When discussing tenant partners, a “blue chip” tenant is what kind of tenant?
a. Discounted tenant
b. Seasoned tenant
c. Large space tenant
d. Top rated tenant
10. A lease where the rental price is calculated from the gross sales of the business is called a:
a. percentage lease.
b. net lease.
c. gross lease.
d. sales lease.
Real Estate Economics – 5th Edition - by Huber, Messick, and Pivar
Chapter 12 Quiz Answers
Copyright January 2011, Educational Textbook Company
1. b (p427)
2. a (p426)
3. d (p427)
4. c (p424)
5. d (p423)
6. a (p416)
7. b (p413)
8. c (p423)
9. d (p404)
10. a (p399)
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