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17. In terms of rent per square foot, a Gross Lease is less than a Modified Gross Lease. True False 18. In terms of rent

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17. In terms of rent per square foot, a Gross Lease is less than a Modified Gross Lease. True False 18. In terms of rent per square foot, a NNN is less than a Gross Lease. True False 19. The higher the CAP rate, the higher the value of the property. True False 20. One way to determine a property's value is to divide the CAP rate by the property's NOI. True False 21. A Landlord Waiver Agreement: a) allows a Lending Institution to enter a property for the purpose of repossessing its collateral b) evidences the terms, payment and return provisions c) allows the Lending Institution to collect rents directly and negotiate with tenants d) is a document attesting to the tenants of a property and the rent they pay 22. A Lease Agreement: a) allows a Lending Institution to enter a property for the purpose of repossessing its collateral b) evidences the terms, payment and return provisions c) allows the Lending Institution to collect rents directly and negotiate with tenants d) is a document attesting to the tenants of a property and the rent they pay 23. An Assignment of Rents and Leases: a) allows a Lending Institution to enter a property for the purpose of repossessing its collateral b) evidences the terms, payment and return provisions c) allows the Lending Institution to collect rents directly and negotiate with tenants d) is a document attesting to the tenants of a property and the rent they pay 24. An Estoppel Agreement: a) allows a Lending Institution to enter a property for the purpose of repossessing its collateral b) evidences the terms, payment and return provisions c) allows the Lending Institution to collect rents directly and negotiate with tenants d) is a document attesting to the tenants of a property and the rent they pay

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