In-line shopping centers R and S are next to each other. R is slightly higher than S. To address water run-off, R – as dominant estate – and S – as servient state – will negotiate and record a(n): (Select one answer only.)
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Assuming no special or circumstances, and given only the fac…
Assuming no special or circumstances, and given only the facts presented in Question 38, and the use of standard mortgage documents, Jon Worldwide Mutual Insurance Company will subordinate its mortgage to the tenant’s “occupancy agreements” with SED. (The term “occupancy agreements” is used here so as not disrupt the analysis of Question 38 above.) (Select one answer only.)
Choose one (1) of the following and write a well organized e…
Choose one (1) of the following and write a well organized essay : A. What were the causes of the Great wave of East European Immigration after 1881. How was the experience of the East European Jew in America different than that of the German Jew? OR B. Discuss the development of Reform Jewry in America. What institutions developed and which prominent people came out to counter the attempted radical changes made by some reformers.
Questions (38)-(40) go together: Jon Worldwide Mutual Insura…
Questions (38)-(40) go together: Jon Worldwide Mutual Insurance Company is lending Spurney & Entolini Developers (SED) $20,000,000 to construct an 8.5 acre town center-type shopping center in Sarasota, Florida, to be called “The Sarasota Luxury Mall”. SED is ground leasing the “dirt” for the Sarasota Luxury Mall from the Enzo Family L.P. SED will, in-turn, _____________________ elements of the park (as units in buildings or as outparcels) to its retail, restaurant, and service provider occupant-clients. (Select one answer only.)
Vasic Portfolio V-E is a REIT focusing on owning sale-and-le…
Vasic Portfolio V-E is a REIT focusing on owning sale-and-leaseback manufacturing plants. One of Vasic Portfolio V-E’s “jewel in the crown” properties, Azoff South, is an office park which focuses on leasing to medical research companies. Vasic Portfolio V-E’s analysts believe that there is an economy of scale to owning and managing Azoff South, as well as a synergy among the research companies present there. Vasic Portfolio V-E is proud of its track record for safety. However, Azoff South has been the topic of ongoing news stories because local residents have begun noticing harsh fumes and waste runoff in their yards which is killing their gardens and sickening their pets, and is originating from the woods between the neighborhood and Azoff South. Vasic Portfolio V-E understands it must do something quickly about the problem. Which of the following would be its best course of action? Assume no unstated facts. (Select one answer only.)
The Infamous Order #11 to drive all Jews out of Tennessee wa…
The Infamous Order #11 to drive all Jews out of Tennessee was issued by
Choose one (1) of the following and write a well organized e…
Choose one (1) of the following and write a well organized essay : A. What were the causes of the Great wave of East European Immigration after 1881. How was the experience of the East European Jew in America different than that of the German Jew? OR B. Discuss the development of Reform Jewry in America. What institutions developed and which prominent people came out to counter the attempted radical changes made by some reformers.
Helen Armisen entered an As-Is Purchase and Sale Agreement t…
Helen Armisen entered an As-Is Purchase and Sale Agreement to sell her condominium unit to Fred Mirren. The Closing is scheduled for Thursday, August 5, 2021. Mr. Mirren was approved for a $350,000 mortgage for this transaction from Buono Residential Loans, Inc. (BRLI), an Iowa-licensed lender. (Assume that all proper condominium-related measures were taken by both parties.) When BRLI prepared the Buyer’s Closing Disclosure, it carefully calculated and _____________________ the condominium general and special assessments for the pre- and post-Closing periods. (Assume no other facts other than the single assumption described above.) (Select one answer only.)
Questions (32) and (33) go together: Hader Properties LLC’s…
Questions (32) and (33) go together: Hader Properties LLC’s prototypical retail lease contains a _____________________ rent section which requires its tenants to pay an amount of rent above a pre-defined level of gross income earned. This section is extremely detailed and precise, and requires all tenants to submit their state sales tax returns to Hader Properties by the 20th of each month, with a check for the properly calculated amount to be included. Hader Properties has the right to audit its tenants’ financial records to confirm the tenants are reporting true, correct, and complete gross sales amounts. If, following an audit, Hader Properties determines a tenant’s gross sales as reported is greater than 3.0% above the amount reported, the affected tenant – in addition to immediately paying the entire deficient amount and interest back to the date the payment was due – must also pay the audit’s cost. While these lease provisions are negotiated “at arms-length” regarding business points and numbers, Hader Properties considers this concept a fundamental element of its leasing practices – so much so it includes this provision in its letters of intent – and will not accept any tenant with which it cannot reach mutual closure on this matter. (Select one answer only.)
Clark’s BBKew Delights Incorporated (doing business as “Clar…
Clark’s BBKew Delights Incorporated (doing business as “Clark’s Delightful BBKew’d Meats”), a Wisconsin corporation, a full-service barbecue “joint” with sit-down and take-out stores throughout the southeastern U.S., is taking a $200,000 loan from Honus Barbecue Financing Services, Inc., also a Wisconsin corporation, to purchase its commercial kitchen equipment utensils and cutlery, tables and chairs, décor items, and commercial kitchen equipment (including a grease trap upgrade and stove hood) for its new Sarasota Luxury Mall location. Honus Barbecue Financing Services, Inc. intends to fully collateralize its loan to Clark’s BBKew Delights Incorporated’s with a recorded UCC-1 financing statement. Honus Barbecue Financing Services, Inc., Clark’s BBKew Delights Incorporated, and Jon Worldwide Mutual Insurance Company will execute a three-party _____________________ Agreement. (Neither import nor assume any special facts or circumstances.) (Select one answer only.)