PLEASE ANSWER ALL QUESTIONS:
Question 3)
An owner of a parcel of vacant land and a prospective buyer enter into a written contract. For a nonrefundable fee, the owner agrees to keep the prospective buyer's offer on a property open--for a mutually-acceptable period of time. If the prospective buyer decides to buy the vacant land, both parties have agreed to a purchase price. If the prospective buyer decides against purchasing the property, the owner will keep the nonrefundable fee received from the prospective buyer at the time the contract was signed. Which term most accurately describes the contractual agreement between these two parties ?
Question 4)
Selma has decided to sell her house in Northridge and wants to net $900,000 after commissions. She decides on list price of $1,000,000. Selma lists her property with XYZ Realty, ABC Realty, and MNO Realty. In each listing agreement, Selma has agreed to pay a commission of 5% of the sale price when the firm finds a ready, willing and able buyer and a sale is consummated. XYZ Realty company produces an offer $900,000 all cash within 10 days of the listing agreement being signed. ABC Realty produces an offer of $950,000 within 11 days of the listing agreement being signed, with the buyer offering 5% cash down, and applying for 95% financing. MNO Realty produces a full price offer of $1,000,000 , with the buyer's contingency of selling their residence for $900,000 in Chatsworth. What type of listing did Selma sign and which offer will she most likely accept and why ?
Question 5)
There is a mixed-use retail/office building totaling 25,000 SF on Ventura Boulevard in Encino. The ground floor retail space (50%) of the building is leased for $2.00/SF Triple Net. The second office spaces (50%) of the building are leased for $3.00/SF, Full Service Gross. There is no vacancy, the property is family operated and managed and has long-term 20 year leases in place. What are the annual operating expenses?
Question 6)
Paul's Pizzeria as signed a new five year lease for 1,000 SF of restaurant space in a shopping center in Granada Hills. The base rent on the lease is $3.00/SF, NNN with 3% annual rent increases to account for inflation. However, the lease has a percentage lease clause, that states the lessee will pay an additional 3% of gross annual sales over $1,200,000. Gross sales for the tenant are estimated to be as follows:
Year 1 - $ 1,200,000
Year 2 - $ 1,100,000
Year 3 - $ 1,400,000
Year 4 - $ 1,090,000
Year 5 - $ 1,500,000
What are the estimated annual lease payments for:
Year 1 ?
Year 2 ?
Year 3 ?
Year 4 ?
Year 5 ?
PLEASE ANSWER ALL QUESTIONS: Question 3) An owner of a parcel of vacant land and a prospective buyer enter into a written contract. For a nonrefundable fee, the owner agrees to keep the prospective buyer's offer on a property open for a mutually-acceptable period of time. If the prospective buyer decides to buy the vacant land, both parties have agreed to a purchase price. If the prospective buyer decides against purchasing the property the owner will keep the nonrefundable fee received from the prospective buyer at the time the contract was signed, which term most accurately describes the contractual agreement between these two parties? Question 4) Selma has decided to sell her house in Northridge and wants to net $900.000 after commissions. She decides on list price of $1.000.000. Selma lists her property with XYZ Realty, ABC Realty, and MNO Realty. In each listing agreement, Selma has agreed to pay a commission of 5% of the sale price when the firm finds a ready, willing and able buyer and a sale is consummated. XYZ Realty company produces an offer $900,000 all cash within 10 days of the listing agreement being signed. ABC Realty produces an offer of $950,000 within 11 days of the listing agreement being signed with the buyer offering 5% cash down, and applying for 95% financing. MNO Realty produces a full price offer of $1.000.000 with the buyer's contingency of selling their residence for $900,000 in Chatsworth What type of listing did Selma sign and which offer will she most likely accept and why? Question 5) There is a mixed-use retail/office building totaling 25,000 SF on Ventura Boulevard in Encino. The ground floor retail space (50%) of the building is leased for $2.00/SF Triple Net. The second office spaces (50%) of the building are leased for $3.00/SF, Full Service Gross. There is no vacancy, the property is family operated and managed and has long-term 20 year leases in place. What are the annual operating expenses? Question 6) Paul's Pizzeria as signed a new five year lease for 1.000 SF of restaurant space in a shopping center in Granada Hills. The base rent on the lease is $3.00/SF, NNN with 3% annual rent increases to account for inflation. However, the lease has a percentage lease clause, that states the lessee will pay an additional 3% of gross annual sales over $1,200,000. Gross sales for the tenant are estimated to be as follows: Year 1 - $1,200,000 Year 2 - $ 1,100,000 Year 3 ,000 prospective buyer enter into a written contract. For a nonrefundable fee, the owner agrees to keep the prospective buyer's offer on a property open for a mutually-acceptable period of time. If the prospective buyer decides to buy the vacant land, both parties have agreed to a purchase price. If the prospective buyer decides against purchasing the property, the owner will keep the nonrefundable fee received from the prospective buyer at the time the contract was signed, which term most accurately describes the contractual agreement between these two parties? Question 4) Selma has decided to sell her house in Northridge and wants to net $900 000 after commissions. She decides on list price of $1.000.000, Selma lists her property with XYZ Realty, ABC Realty, and MNO Realty. In each listing agreement, Selma has agreed to pay a commission of 5% of the sale price when the firm finds a ready, willing and able buyer and a sale is consummated. XYZ Realty company produces an offer $900,000 all cash within 10 days of the listing agreement being signed. ABC Realty produces an offer of $950,000 within 11 days of the listing agreement being signed with the buyer offering 5% cash down, and applying for 95% financing. MNO Realty produces a full price offer of $1,000,000 with the buyer's contingency of selling their residence for $900,000 in Chatsworth What type of listing did Selma sign and which offer will she most likely accept and why? Question 5) There is a mixed-use retail/office building totaling 25,000 SF on Ventura Boulevard in Encino. The ground floor retail space (50%) of the building is leased for $2.00/SF Triple Net. The second office spaces (50%) of the building are leased for $3.00/SF, Full Service Gross. There is no vacancy, the property is family operated and managed and has long-term 20 year leases in place. What are the annual operating expenses? Question 6) Paul's Pizzeria as signed a new five year lease for 1,000 SF of restaurant space in a shopping center in Granada Hills. The base rent on the lease is $3.00/SF, NNN with 3% annual rent increases to account for inflation. However, the lease has a percentage lease clause, that states the lessee will pay an additional 3% of gross annual sales over $1,200,000. Gross sales for the tenant are estimated to be as follows: Year 1 - $1,200,000 Year 2 - $ 1.100.000 Year 3 - $ 1,400,000 Year 4 - $ 1,090,000 Year 5 - $1,500,000 What are the estimated annual lease payments for: Year 1 ? Year 2 Year 3 Year 4 Year 5 ? PLEASE ANSWER ALL QUESTIONS: Question 3) An owner of a parcel of vacant land and a prospective buyer enter into a written contract. For a nonrefundable fee, the owner agrees to keep the prospective buyer's offer on a property open for a mutually-acceptable period of time. If the prospective buyer decides to buy the vacant land, both parties have agreed to a purchase price. If the prospective buyer decides against purchasing the property the owner will keep the nonrefundable fee received from the prospective buyer at the time the contract was signed, which term most accurately describes the contractual agreement between these two parties? Question 4) Selma has decided to sell her house in Northridge and wants to net $900.000 after commissions. She decides on list price of $1.000.000. Selma lists her property with XYZ Realty, ABC Realty, and MNO Realty. In each listing agreement, Selma has agreed to pay a commission of 5% of the sale price when the firm finds a ready, willing and able buyer and a sale is consummated. XYZ Realty company produces an offer $900,000 all cash within 10 days of the listing agreement being signed. ABC Realty produces an offer of $950,000 within 11 days of the listing agreement being signed with the buyer offering 5% cash down, and applying for 95% financing. MNO Realty produces a full price offer of $1.000.000 with the buyer's contingency of selling their residence for $900,000 in Chatsworth What type of listing did Selma sign and which offer will she most likely accept and why? Question 5) There is a mixed-use retail/office building totaling 25,000 SF on Ventura Boulevard in Encino. The ground floor retail space (50%) of the building is leased for $2.00/SF Triple Net. The second office spaces (50%) of the building are leased for $3.00/SF, Full Service Gross. There is no vacancy, the property is family operated and managed and has long-term 20 year leases in place. What are the annual operating expenses? Question 6) Paul's Pizzeria as signed a new five year lease for 1.000 SF of restaurant space in a shopping center in Granada Hills. The base rent on the lease is $3.00/SF, NNN with 3% annual rent increases to account for inflation. However, the lease has a percentage lease clause, that states the lessee will pay an additional 3% of gross annual sales over $1,200,000. Gross sales for the tenant are estimated to be as follows: Year 1 - $1,200,000 Year 2 - $ 1,100,000 Year 3 ,000 prospective buyer enter into a written contract. For a nonrefundable fee, the owner agrees to keep the prospective buyer's offer on a property open for a mutually-acceptable period of time. If the prospective buyer decides to buy the vacant land, both parties have agreed to a purchase price. If the prospective buyer decides against purchasing the property, the owner will keep the nonrefundable fee received from the prospective buyer at the time the contract was signed, which term most accurately describes the contractual agreement between these two parties? Question 4) Selma has decided to sell her house in Northridge and wants to net $900 000 after commissions. She decides on list price of $1.000.000, Selma lists her property with XYZ Realty, ABC Realty, and MNO Realty. In each listing agreement, Selma has agreed to pay a commission of 5% of the sale price when the firm finds a ready, willing and able buyer and a sale is consummated. XYZ Realty company produces an offer $900,000 all cash within 10 days of the listing agreement being signed. ABC Realty produces an offer of $950,000 within 11 days of the listing agreement being signed with the buyer offering 5% cash down, and applying for 95% financing. MNO Realty produces a full price offer of $1,000,000 with the buyer's contingency of selling their residence for $900,000 in Chatsworth What type of listing did Selma sign and which offer will she most likely accept and why? Question 5) There is a mixed-use retail/office building totaling 25,000 SF on Ventura Boulevard in Encino. The ground floor retail space (50%) of the building is leased for $2.00/SF Triple Net. The second office spaces (50%) of the building are leased for $3.00/SF, Full Service Gross. There is no vacancy, the property is family operated and managed and has long-term 20 year leases in place. What are the annual operating expenses? Question 6) Paul's Pizzeria as signed a new five year lease for 1,000 SF of restaurant space in a shopping center in Granada Hills. The base rent on the lease is $3.00/SF, NNN with 3% annual rent increases to account for inflation. However, the lease has a percentage lease clause, that states the lessee will pay an additional 3% of gross annual sales over $1,200,000. Gross sales for the tenant are estimated to be as follows: Year 1 - $1,200,000 Year 2 - $ 1.100.000 Year 3 - $ 1,400,000 Year 4 - $ 1,090,000 Year 5 - $1,500,000 What are the estimated annual lease payments for: Year 1 ? Year 2 Year 3 Year 4 Year 5
