Knowledge Check -day 3
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The date available is February 2016. How do you put this in Hal?
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02/01/2016
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02/28/2016
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01/02/2016
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28/02/2016
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This quiz assesses knowledge on real estate topics including property and listing amenities, ADA accessibility, and date formatting for lease management.
(10).webp "Knowledge Check -day 3 - Quiz")
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- 2.
What type of floorplan is this?
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Core and Shell
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Test fit/ Proposed
Correct Answer
A. Test fit/ ProposedExplanation
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.Rate this question:
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- 3.
Lobby attendant
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Listing
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Property
Correct Answer
A. PropertyExplanation
Check the box if it's a listing or property amenity.Rate this question:
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- 4.
Classify accordingly: Listing: State incorrect
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Procedural markdown
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Minor markdown
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Major markdown
Correct Answer
A. Major markdown -
- 5.
The sublease will expire on December 2018. How do you put this in Hal?
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12/01/2018
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01/12/2018
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12/31/2018
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31/12/2018
Correct Answer
A. 12/31/2018Explanation
The correct answer is 12/31/2018. This date represents the expiration of the sublease.Rate this question:
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- 6.
Turnkey
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Listing
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Property
Correct Answer
A. ListingExplanation
Check the box if it's a listing or property amenityRate this question:
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- 7.
Classify accordingly: Listing photo prohibited type (Costar or Loopnet)
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Minor markdown
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Major markdown
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Procedural markdown
Correct Answer
A. Major markdownExplanation
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.Rate this question:
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- 8.
The date available is 3rd quarter of 2017. How will you put this in Hal?
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04/01/2017
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07/01/2017
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01/01/2017
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10/01/2017
Correct Answer
A. 07/01/2017Explanation
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.Rate this question:
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- 9.
Classify accordingly: Listing: below 800 sqft
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Major markdown
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Minor markdown
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Procedural markdown
Correct Answer
A. Procedural markdownExplanation
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.Rate this question:
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- 10.
Classify accordingly: Listing photo/flyer/floorplan: miscategorized
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Major markdown
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Minor markdown
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Procedural markdown
Correct Answer
A. Minor markdownExplanation
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.Rate this question:
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- 11.
Check the box if it's included in the property amenities. Check all that applies.
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Additional storage
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ADA accessible
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Storefront
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Freight elevator
Correct Answer(s)
A. ADA accessible
A. Freight elevatorExplanation
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.Rate this question:
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- 12.
Where should you put this photo?
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Property photos
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Internal photos
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Unit photos
Correct Answer
A. Property photosExplanation
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.Rate this question:
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- 13.
Check the box if it's included in the listing amenities. Check all that applies.
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Gym
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Plug and Play
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Keycard access
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Outdoor space
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Built to suit
Correct Answer(s)
A. Plug and Play
A. Outdoor space
A. Built to suitExplanation
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.Rate this question:
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Quiz Review Timeline (Updated): May 8, 2023 +
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Current Version
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May 08, 2023Quiz Edited by
ProProfs Editorial Team -
Jul 29, 2015Quiz Created by
42floors
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