In measuring value, the focus should be on

A) cash flow.
B) accounting profits.
C) time value of money.
D) earnings per share.

Answer: A

Business

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To manage property for the general public, you must be a:

a. certified property manager. b. prepaid rental listing agency. c. responsible party, on-site. d. licensed real estate broker.

Business

Regarding liquidated damages, for a condominium complex consisting of 20 or more units that is over eight stories, with a purchase price of $1 million or more, the amount is limited to ________ of the purchase price or the deposit, whichever is less. This only applies to sales made by the original developer.

A. 3% B. 5% C. 6% D. 7%

Business