Question

Please answer all.

1. In general, the interest appraised of an Owner-Occupied property is:

1. Leased Fee
2. Fee Simple
3. Equity Return
4. None of the above

2. In general, the interest appraised of an Investment property is:

1. Leased Fee
2. Fee Simple
3. Equity Return
4. None of the above

3. In general, the interest appraised of Land is:

1. Leased Fee
2. Fee Simple
3. Equity Return
4. None of the above

4. The CAP Rate is a weighted average of:

1. ROA and LTV
2. Mortgage Constant and LTV
3. Mortgage Constant and ROE
4. Mortgage Constant and Total Principal Balance

5. Debt Service Coverage Ratio is defined as:

1. Net Income / Loan Principal Balance
2. Net Operating Income / Annual Principal + Interest payments
3. Cash from Operations / Capital Expenditures
4. Total Gross Rental Income / Annual Principal + Interest payments

6. A Landlord Waiver Agreement:

1. allows a Lending Institution to enter a property for the purpose of repossessing its collateral
2. evidences the terms, payment and return provisions
3. allows the Lending Institution to collect rents directly and negotiate with tenants
4. is a document attesting to the tenants of a property and the rent they pay

7. A Landlord Waiver Agreement:

1. allows a Lending Institution to enter a property for the purpose of repossessing its collateral
2. evidences the terms, payment and return provisions
3. allows the Lending Institution to collect rents directly and negotiate with tenants
4. is a document attesting to the tenants of a property and the rent they pay

Answer 1

1. In general, the interest appraised of an Owner-Occupied property is:

a.Leased Fee

2.In general, the interest appraised of an Investment property is

b,Fee simple

3.In general, the interest appraised of Land is

b..Fee simple

4.The cap rate is weighted average of

a.ROA and LTV

5.Debt Service Coverage Ratio is defined as:

b.Net Operating Income / Annual Principal + Interest payments

6. A Landlord Waiver Agreement:

a.allows a Lending Institution to enter a property for the purpose of repossessing its collateral