Knowledge Check -day 3

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| By 42floors
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42floors
Community Contributor
Quizzes Created: 2 | Total Attempts: 94
| Attempts: 50
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  • 1/14 Questions

    The date available is February 2016. How do you put this in Hal?

    • 02/01/2016
    • 02/28/2016
    • 01/02/2016
    • 28/02/2016
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About This Quiz

This quiz assesses knowledge on real estate topics including property and listing amenities, ADA accessibility, and date formatting for lease management.

Knowledge Check -day 3 - Quiz

Quiz Preview

  • 2. 
    What type of floorplan is this? - ProProfs

    What type of floorplan is this?

    • Core and Shell

    • Test fit/ Proposed

    Correct Answer
    A. Test fit/ Proposed
    Explanation
    This floorplan is categorized as a "Test fit/ Proposed" floorplan. This type of floorplan refers to a preliminary design or layout that is proposed to determine if it meets the requirements and specifications of the intended use. It is usually created before the construction or renovation process begins to ensure that the space will be suitable for the desired purpose. The test fit/proposed floorplan allows for adjustments and modifications before the final design is implemented.

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  • 3. 

    Lobby attendant

    • Listing

    • Property

    Correct Answer
    A. Property
    Explanation
    Check the box if it's a listing or property amenity.

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  • 4. 

    Classify accordingly: Listing: State incorrect

    • Procedural markdown

    • Minor markdown

    • Major markdown

    Correct Answer
    A. Major markdown
  • 5. 

    The sublease will expire on December 2018. How do you put this in Hal?

    • 12/01/2018

    • 01/12/2018

    • 12/31/2018

    • 31/12/2018

    Correct Answer
    A. 12/31/2018
    Explanation
    The correct answer is 12/31/2018. This date represents the expiration of the sublease.

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  • 6. 

    Turnkey

    • Listing

    • Property

    Correct Answer
    A. Listing
    Explanation
    Check the box if it's a listing or property amenity

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  • 7. 

    Classify accordingly: Listing photo prohibited type (Costar or Loopnet)

    • Minor markdown

    • Major markdown

    • Procedural markdown

    Correct Answer
    A. Major markdown
    Explanation
    The correct answer is "Major markdown." This refers to a significant reduction in the listed price of a property on platforms like Costar or Loopnet. It indicates a substantial decrease in the asking price, which may be due to various factors such as market conditions, property condition, or urgency to sell.

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  • 8. 

    The date available is 3rd quarter of 2017. How will you put this in Hal?

    • 04/01/2017

    • 07/01/2017

    • 01/01/2017

    • 10/01/2017

    Correct Answer
    A. 07/01/2017
    Explanation
    The correct answer is 07/01/2017. This date falls within the 3rd quarter of 2017, which typically includes the months of July, August, and September. Therefore, 07/01/2017 represents a date in the 3rd quarter of 2017.

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  • 9. 

    Classify accordingly: Listing: below 800 sqft

    • Major markdown

    • Minor markdown

    • Procedural markdown

    Correct Answer
    A. Procedural markdown
    Explanation
    The given answer, "Procedural markdown," is the correct classification for a listing that is below 800 sqft. This term refers to a markdown that is determined by a set of procedures or rules, rather than being based on the size or condition of the property. It suggests that there is a specific process in place for determining the markdown for listings below 800 sqft, which may involve factors such as location, demand, or market conditions.

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  • 10. 

    Classify accordingly: Listing photo/flyer/floorplan: miscategorized

    • Major markdown

    • Minor markdown

    • Procedural markdown

    Correct Answer
    A. Minor markdown
    Explanation
    The given correct answer is "Minor markdown." This means that the listing photo/flyer/floorplan has been categorized incorrectly. It suggests that there is only a minor reduction in price or value associated with this miscategorization.

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  • 11. 

    Check the box if it's included in the property amenities. Check all that applies.

    • Additional storage

    • ADA accessible

    • Storefront

    • Freight elevator

    Correct Answer(s)
    A. ADA accessible
    A. Freight elevator
    Explanation
    The correct answer is ADA accessible and Freight elevator. These two options are included in the property amenities. ADA accessible means that the property is designed to be accessible for people with disabilities, meeting the requirements of the Americans with Disabilities Act. A freight elevator is a type of elevator that is designed to carry heavy goods and is commonly found in commercial buildings.

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  • 12. 
    Where should you put this photo? - ProProfs

    Where should you put this photo?

    • Property photos

    • Internal photos

    • Unit photos

    Correct Answer
    A. Property photos
    Explanation
    The correct answer is Property photos. This answer suggests that the photo in question should be placed under the category of "Property photos." This implies that the photo is related to the overall property, rather than specific internal areas or individual units.

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  • 13. 

    Check the box if it's included in the listing amenities. Check all that applies.

    • Gym

    • Plug and Play

    • Keycard access

    • Outdoor space

    • Built to suit

    Correct Answer(s)
    A. Plug and Play
    A. Outdoor space
    A. Built to suit
    Explanation
    The correct answer includes "Plug and Play," "Outdoor space," and "Built to suit." These amenities are all features that may be included in the listing. "Plug and Play" refers to a space that is ready for immediate use, with all necessary equipment and connections already in place. "Outdoor space" refers to an area outside the building that can be used for various purposes. "Built to suit" means that the space can be customized or tailored to meet specific needs or preferences.

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Quiz Review Timeline (Updated): May 8, 2023 +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • May 08, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Jul 29, 2015
    Quiz Created by
    42floors
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