A man owns a lot that measures 150 foot deep by 50 feet wide. The local zoning laws require a 20 foot front setback and a 4 foot setback on both sides and at the back. The buildable area of this lot is:
A: 5,292 square feet;
B: 5,460 square feet;
C: 6,500 square feet;
D: None of the above.
Answer: A: 5,292 square feet;
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The promotion-to-sales ratio can be used by managers to make year-to-year comparisons of their programs or to compare with
A. competitors or industry averages. B. calculated break-even points. C. promotion-to-expense ratios. D. advertising-to-sales promotion ratios. E. estimated return on investments.
Broker Sarah delivered an offer to purchase real property to Owner Martha. Owner Martha asked for 24 hours to consider the offer. Later that same day, Broker Sarah received two additional offers through other brokers. Broker Sarah believes the owner will reject all three offers. In order to comply with the law, Broker Sarah is to:
a. hold the new offers until Owner Martha has made a decision on the first offer, then present the other offers. b. present the two additional offers in the order they arrived. c. simultaneously present the two additional offers to Owner Martha as soon as possible. d. refuse to receive the offers until Owner Martha decides not to accept the original offer.