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When overage rent exceeds what is typically expected in a market, that above-market portion may be considered excess rent. O True O False 1 point
When overage rent exceeds what is typically expected in a market, that above-market portion may be considered excess rent. O True O False 1 point The terminal capitalization rate is a slightly higher rate than the going-in capitalization rate sometimes due to: i. uncertainty associated with estimating cash flow when property is sold to new owner; and ii. building is newer and may not have same income potential as at beginning of holding period. O True False
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