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NEW QUESTION # 122
In reviewing the due diligence information, the property manager notices that tenants are on a variety of lease types. Which is the MOST effective approach for the property manager with respect to the current leases?
Answer: D
Explanation:
Analysis:
FromScenario 2, we know:
* The building was recently acquired.
* There area variety of lease typesin place.
* The new ownerprefersto move toward atriple-net (NNN) lease structure.
However, leases arelegally binding contracts, and:
* Youcannot unilaterally changeexisting lease terms.
* Tenantsare not obligatedto sign a new lease or agree to changes unless the lease allows it.
Best (and most legally sound) approach:
A: Adhere to the terms in the current leases-This respects existing agreements and avoids legal issues. Any changes must happen atrenewal timeor throughmutual agreement.
NEW QUESTION # 123
Which time frameBESTreflects the budget reporting frequency required by most building owners?
Answer: B
Explanation:
Most building owners typically expect budget reporting on aquarterlybasis to keep track of performance and make adjustments as necessary during the year.
NEW QUESTION # 124
A tenant in a commercial building is considering moving to a competitor's property. Which of the following strategies would be most effective in encouraging the tenant to remain in the building?
Answer: C
NEW QUESTION # 125
A job hazard analysis (JHA) is a way to identify and correct workplace hazards before incidents occur.
Which of the following is the MOST effective and comprehensive strategy for implementing JHA analyses to prepare for corrective action?
Answer: C
Explanation:
Analysis:
To beeffective and comprehensive, a JHA strategy must be:
* Proactive
* Ongoing(not just once per year)
* Inclusiveof all types of input (verbal, written)
* Systematic, not ad-hoc or informal
NEW QUESTION # 126
In 1983 a developer constructed a high-rise office building in the downtown business district. For most high- rise buildings, lighting is a source of significant energy usage. What type of lighting ballast did the developer MOSTlikely install in the building?
Answer: B
Explanation:
In1983, energy efficiency was not a primary focus in building construction, and standard building practices typically involved the use ofstandard ballasts. These were the most common at the time before the widespread adoption of more efficient options like electronic or energy-efficient ballasts.
NEW QUESTION # 127
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