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Appraisers who use residential real estate appraisal forms

The subject property is selling for $455,000, and the seller is paying $15,000 in financing concessions.  Which of the following statements is correct?

A tenant has a lease that states the base rent is $5,000 per month plus 3% of the sales above $50,000 in gross sales per month.  The tenant’s sales last year were $850,000.  How much rent was paid last year?

What resale price is necessary to achieve a yield rate of 11% on the investment, given the following information:  Sale price = $150,000; Net Operating Income (level) = $7,000; Projection Period = 5 years.

In a gross lease, who pays the utility costs?

The subject property has a potential gross income (PGI) of $100,000, a vacancy and collection loss of 7%, fixed expenses of $35,000, variable expenses of $25,000, and reserves for replacement of $7,000.  Recent sales of very similar properties in this market suggest that a capitalization rate of 12.0% is appropriate.  The capitalization rates were extracted from sales in which the prices was divided into the estimate of net operating income from the broker without reserves.  What is the market value of the subject property?

Suppose a lease contract called for a rent of $10 per square foot.  However, similar space in the market rented for $15 per square foot.  The amount specified in the lease is known as the _________ Rent.

A multitenant building has four tenants described as follows: Suite 1: Has 5,000 square feet and is under lease for five more years at $12 per square foot per year Suite 2: Has 5,000 square feet and is vacant.  The market for this space is $15 per square foot per year Suite 3: Has 5,000 square feet and is under lease for two more years at $13 per square foot per year Suite 4: Has 5,000 square feet and is on a month-to-month tenancy at $15 per square foot per year Expenses for this building are $5 per square foot per year Vacancy and collection loss is estimated at 5% of PGI. All the leased spaces are the same.          What is the net operating income?  (Round your answer to the nearest $10,000)

You are conducting a patient satisfaction survey in an outpatient clinic. Because you typically see about 300 people per day in the clinic, you decide to have the interviewers administer the questionnaire on every tenth patient. You are using:

When a Medical Assistant is preparing to measure a patient’s blood pressure, Chapter 25 of the textbook emphasizes the importance of locating the pulse of which major artery in the antecubital space?