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NEW QUESTION # 19
Which of the following statements about economic development offices is NOT correct?
Answer: A
NEW QUESTION # 20
Which of the following is a correct statement regarding a design-build arrangement in commercial real estate?
Answer: D
NEW QUESTION # 21
The operating costs of a commercial building are usually higher than those of buildings that do not have any common areas. Common area maintenance (CAM) is referred to as the landlord's operating costs attributable to factors that affect the common areas. Which of the following is NOT one of those factors?
Answer: A
NEW QUESTION # 22
A buyer client is interested in purchasing an industrial property for their manufacturing business. The buyer's salesperson informs them of the building criteria, along with the minimum requirements for clear height and clear span that would be suitable for the buyer's business. What should the salesperson explain to the buyer regarding clear span?
Answer: A
NEW QUESTION # 23
A salesperson includes a well-drafted condition in an agreement of purchase and sale for their buyer client to arrange a new first mortgage for an industrial property. The buyer later changes their mind and does not want to borrow money for the purchase. What should the buyer's salesperson use to remove the condition?
Answer: B
NEW QUESTION # 24
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