IFMA CFM Practice Exam Questions And Answers

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IFMA CFM Practice Exam Questions And Answers - Quiz

Here is an interesting IFMA CFM Practice Exam test that is designed to test your knowledge of this subject. The CFM for facility managers ensures that a facility manager has proper knowledge and training to deal with continually increasing complex building management issues. This practice test will assist to prepare for this exam. Do not choose NEXT until you are sure of your answer. You cannot go back to a previous question.


Questions and Answers
  • 1. 

    Besides just saving energy, what is an additional benefit of “economizers” on HVAC units?

    • A.

      You gain optimum chiller capacity

    • B.

      Less refrigeration loss

    • C.

      Not as much “white” noise, thus, benefiting workers

    • D.

      Less wear on all moving parts

    Correct Answer
    D. Less wear on all moving parts
    Explanation
    Economizers on HVAC units provide an additional benefit of less wear on all moving parts. This means that the components of the HVAC system, such as fans, motors, and belts, experience less stress and friction, leading to reduced maintenance and longer lifespan of the equipment. This benefit contributes to cost savings and increased efficiency of the HVAC system overall.

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  • 2. 

    In conference rooms, auditoriums, and other areas of assembly, the most significant heat gain is from:

    • A.

      Lighting

    • B.

      Ventilation

    • C.

      Equipment

    • D.

      People

    Correct Answer
    D. People
    Explanation
    In conference rooms, auditoriums, and other areas of assembly, the most significant heat gain is from people. This is because human bodies generate heat through metabolic processes. When a large number of people are present in a confined space, their collective body heat can quickly raise the temperature in the room. This is especially true in crowded spaces where there is limited ventilation or air conditioning. While lighting, ventilation, and equipment may also contribute to heat gain, the heat generated by people is typically the primary factor that needs to be managed in such spaces.

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  • 3. 

    To compensate for thermal load variance due to sun, wind, and outside temperature, the HVAC system uses:

    • A.

      Multiple systems

    • B.

      Integrated controls

    • C.

      Total capacity

    • D.

      Multiple zones

    Correct Answer
    D. Multiple zones
    Explanation
    The HVAC system uses multiple zones to compensate for thermal load variance due to sun, wind, and outside temperature. By dividing the building into different zones, each with its own thermostat, the system can adjust the heating or cooling in each zone independently based on the specific needs of that area. This allows for more precise control and efficient energy usage, as different zones may have different temperature requirements depending on factors like sunlight exposure or outdoor temperature.

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  • 4. 

    The type of control that uses a varying signal in the control of heating, cooling and humidity is:

    • A.

      Two-position action

    • B.

      Timed two-position action

    • C.

      Floating action

    • D.

      Proportional action

    Correct Answer
    D. Proportional action
    Explanation
    Proportional action is the type of control that uses a varying signal in the control of heating, cooling, and humidity. It adjusts the output in proportion to the error between the desired setpoint and the actual value. This means that as the error increases, the control signal also increases proportionally, resulting in a more precise and accurate control of the system. This type of control is commonly used in HVAC systems to maintain a consistent and comfortable environment.

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  • 5. 

    In a closed loop HVAC system, the feedback process begins with the:

    • A.

      Controller

    • B.

      Sensor

    • C.

      Actuator

    • D.

      Controlled device

    Correct Answer
    B. Sensor
    Explanation
    In a closed loop HVAC system, the feedback process begins with the sensor. The sensor is responsible for measuring the current conditions such as temperature, humidity, or pressure in the environment. It sends this information to the controller, which then compares it to the desired setpoint. Based on this comparison, the controller determines if any adjustments need to be made. The controller then sends signals to the actuator, which is responsible for making the necessary changes to the controlled device, such as adjusting the temperature or airflow. Therefore, the sensor is the starting point of the feedback process in a closed loop HVAC system.

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  • 6. 

    The advent of the micro-electric controls has produced a concept known as:

    • A.

      Building management system

    • B.

      Energy management system

    • C.

      ICS (Integrated Comfort Systems)

    • D.

      Waste heat recovery system

    Correct Answer
    C. ICS (Integrated Comfort Systems)
    Explanation
    The advent of micro-electric controls has led to the development of Integrated Comfort Systems (ICS). These systems utilize advanced technology to control and optimize various aspects of building comfort, such as temperature, lighting, and ventilation. By integrating different components and sensors, ICS can create a more efficient and comfortable environment for occupants. This concept combines the benefits of energy management and building management systems to provide a holistic approach to comfort and energy efficiency in buildings.

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  • 7. 

    The heating system that uses a refrigeration cycle is the:

    • A.

      Heat pipe

    • B.

      Total energy system

    • C.

      Heat pump

    • D.

      Absorption system

    Correct Answer
    C. Heat pump
    Explanation
    A heat pump is a heating system that uses a refrigeration cycle. It transfers heat from a colder area to a warmer area, making the warmer area even warmer. This process is achieved by using a refrigerant that absorbs heat from the colder area, then compresses and releases it into the warmer area. The heat pump can be used for both heating and cooling purposes, making it an efficient and versatile heating system.

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  • 8. 

    The direct-expansion refrigerant HVAC system commonly used in newer one to two-story office buildings is:

    • A.

      Through the wall unit

    • B.

      Water-cooled unit

    • C.

      Rooftop unit

    • D.

      Fan-coil unit

    Correct Answer
    C. Rooftop unit
    Explanation
    A rooftop unit is commonly used in newer one to two-story office buildings because it offers a compact and efficient solution for heating, ventilation, and air conditioning (HVAC) needs. This type of system is installed on the roof of the building, allowing for easy access and maintenance. It also helps save valuable indoor space and reduces noise levels inside the building. Additionally, rooftop units are designed to handle the cooling and heating requirements of larger spaces, making them suitable for office buildings.

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  • 9. 

    The principal way to improve a building’s indoor air quality is to:

    • A.

      Establish a no-smoking policy throughout the building

    • B.

      Educate occupants about the materials used in the building

    • C.

      Reduce the amount of outside air drawn into the building

    • D.

      Maintain acceptable temperature and relative humidity

    Correct Answer
    D. Maintain acceptable temperature and relative humidity
    Explanation
    Maintaining acceptable temperature and relative humidity is the principal way to improve a building's indoor air quality. Temperature and humidity levels can greatly affect the growth of mold, bacteria, and other pollutants in the air. By keeping the temperature and humidity within a comfortable range, it helps to prevent the conditions that promote the growth of these pollutants. This, in turn, helps to ensure better air quality for the occupants of the building.

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  • 10. 

    The all-air system that requires minimum apparatus size and the least complicated duct system is the:

    • A.

      Single-duct VAT

    • B.

      Single-duct VAV

    • C.

      Multi-zone VAT

    • D.

      Dual-duct VAT

    Correct Answer
    B. Single-duct VAV
    Explanation
    The single-duct VAV (Variable Air Volume) system requires minimum apparatus size and the least complicated duct system compared to the other options. In a single-duct VAV system, the air is supplied at a constant temperature but the volume of air varies based on the cooling or heating demand of each zone. This allows for better control and energy efficiency. The single-duct VAV system is simpler and requires smaller equipment and ductwork compared to the other options mentioned.

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  • 11. 

    The variable air volume (VAV) system depends on:

    • A.

      Sensors for static pressure in the ducts

    • B.

      Water moved through pumps at a high rate

    • C.

      Ducts of uniform size

    • D.

      Condenser water temperature of 75 degrees to 80 degrees

    Correct Answer
    A. Sensors for static pressure in the ducts
    Explanation
    The correct answer is "Sensors for static pressure in the ducts." In a variable air volume (VAV) system, sensors are used to measure the static pressure in the ducts. These sensors help to regulate the airflow by adjusting the speed of the fan or the position of the dampers. By monitoring the static pressure, the system can maintain a consistent airflow and ensure that the desired temperature and comfort levels are achieved in the conditioned space.

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  • 12. 

    HVAC systems are designed with a capacity based on:

    • A.

      System performance with low life-cycle costs

    • B.

      Median conditions under which they are expected to operate

    • C.

      Physical characteristics of the building

    • D.

      Estimated maximum heating and cooling loads

    Correct Answer
    D. Estimated maximum heating and cooling loads
    Explanation
    HVAC systems are designed with a capacity based on the estimated maximum heating and cooling loads. This means that the system is designed to handle the maximum amount of heating and cooling that the building will require. By designing the system based on these estimated loads, it ensures that the HVAC system will be able to meet the heating and cooling needs of the building, even during peak conditions. This helps to ensure that the system will be able to maintain a comfortable indoor environment for the occupants, while also being energy efficient and cost-effective.

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  • 13. 

    Ceiling return air plenums control the spread of fire from space to space by:

    • A.

      Spray-on insulation

    • B.

      Fire dampers

    • C.

      Asbestos coatings

    • D.

      Ventilation

    Correct Answer
    B. Fire dampers
    Explanation
    Fire dampers play a crucial role in controlling the spread of fire from space to space in ceiling return air plenums. They are designed to prevent the passage of fire and smoke through the HVAC duct system, which could otherwise allow flames and smoke to travel between rooms and floors. Fire dampers typically use a fusible link that melts at a specific temperature, causing the damper to close and block the passage of air, thus helping to compartmentalize the fire and prevent its spread. The other options mentioned – spray-on insulation, asbestos coatings, and ventilation – do not directly contribute to controlling the spread of fire within return air plenums.

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  • 14. 

    Electrical Systems Operation and Maintenance The ratio of the maximum demand on an electrical system to the total connected load of a system is known as the:

    • A.

      Energy factor

    • B.

      Load factor

    • C.

      Power factor

    • D.

      Demand factor

    Correct Answer
    D. Demand factor
    Explanation
    The demand factor is the ratio of the maximum demand on an electrical system to the total connected load of the system. It is used to determine the size of electrical equipment needed to meet the maximum demand of a system. A higher demand factor indicates a more efficient use of electrical power, as it means that the maximum demand is lower relative to the total connected load.

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  • 15. 

    Lighting Applications and Maintenance As a part of a feasibility study, which evaluation approach analyzes all current and future financial implications of a capital project?

    • A.

      Systems approach

    • B.

      Life-cycle costing

    • C.

      Pay-back evaluation

    • D.

      Cost-benefit analysis

    Correct Answer
    B. Life-cycle costing
    Explanation
    Life-cycle costing is an evaluation approach that analyzes all current and future financial implications of a capital project. It takes into account the initial cost of the project, as well as the costs of operating, maintaining, and replacing the project over its entire lifespan. This approach helps in determining the true cost of the project and allows decision-makers to consider the long-term financial impact before making investment decisions.

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  • 16. 

    The largest internal heat load in a typical office building is from:

    • A.

      People

    • B.

      Office equipment

    • C.

      Ventilation

    • D.

      Lighting

    Correct Answer
    A. People
    Explanation
    In a typical office building, the largest internal heat load often comes from people. Human bodies generate significant heat through metabolic processes, contributing to the overall temperature inside the building. While office equipment, lighting, and ventilation systems also generate heat, the cumulative effect of many occupants typically surpasses these other sources. Efficient HVAC systems are necessary to manage this heat load and maintain a comfortable indoor environment.

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  • 17. 

    To save labor costs, group re-lamping should be done:

    • A.

      At planned intervals

    • B.

      On a annual basis

    • C.

      At 90% rated life

    • D.

      During working hours

    Correct Answer
    A. At planned intervals
    Explanation
    Group re-lamping should be done at planned intervals in order to save labor costs. This means that instead of replacing individual bulbs as they burn out, the re-lamping process is scheduled and carried out for a group of bulbs at specific intervals. By doing so, the labor costs associated with frequent bulb replacements are reduced, as the work can be done in a more efficient and organized manner. Additionally, planned intervals ensure that the lighting system remains functional and reliable, minimizing any potential disruptions or downtime caused by burned-out bulbs.

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  • 18. 

    In a space where workstations are at least 12 feet apart and not often relocated, the best choice for lighting is:

    • A.

      Accent lighting

    • B.

      Ambient lighting

    • C.

      Uniform lighting

    • D.

      Non-uniform lighting

    Correct Answer
    D. Non-uniform lighting
    Explanation
    In a space where workstations are at least 12 feet apart and not often relocated, non-uniform lighting would be the best choice. Non-uniform lighting refers to having different levels of lighting in different areas of the space. This can be achieved by using task lighting at individual workstations or using adjustable lighting fixtures to direct light where it is needed the most. This type of lighting allows for customization and flexibility based on individual needs and tasks, providing optimal lighting conditions for different work areas.

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  • 19. 

    The type of lighting that illuminates the general areas surrounding work positions is:

    • A.

      Task lighting

    • B.

      Ambient lighting

    • C.

      Uniform lighting

    • D.

      Non-uniform lighting

    Correct Answer
    B. Ambient lighting
    Explanation
    Ambient lighting refers to the type of lighting that provides overall illumination to a space, including the general areas surrounding work positions. It is designed to create a comfortable and visually balanced environment, without causing any glare or shadows. Ambient lighting helps to reduce eye strain and provides a pleasant atmosphere for work. It is different from task lighting, which is specifically focused on illuminating a particular work area or task. Uniform lighting refers to an even distribution of light throughout a space, while non-uniform lighting refers to an uneven distribution of light.

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  • 20. 

    What is the most practical lighting option for illuminating interior working areas in an office?

    • A.

      Fluorescent lighting

    • B.

      Incandescent lighting

    • C.

      High-Intensity discharge lamps

    • D.

      Combination of incandescent and HID lighting

    Correct Answer
    A. Fluorescent lighting
    Explanation
    Fluorescent lighting is commonly used in office environments due to its energy efficiency, long lifespan, and ability to provide bright and even illumination. It produces less heat compared to incandescent lighting, making it more comfortable for prolonged use in indoor spaces. Additionally, fluorescent lighting fixtures are available in various sizes and shapes, allowing for flexible installation options to suit different office layouts. Therefore, fluorescent lighting is the preferred choice for efficiently illuminating interior working areas in offices.

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  • 21. 

    Maintenance and Modernization of Elevators If  the main power fails in a building, the emergency power system for the elevators causes each elevator cab to:

    • A.

      Close and lock its door

    • B.

      Remain open on its present floor

    • C.

      Go to the lowest designated floor

    • D.

      Maintain power to go up or down

    Correct Answer
    C. Go to the lowest designated floor
    Explanation
    In the event of a power failure, the emergency power system for elevators is designed to ensure the safety of passengers. The elevators are programmed to go to the lowest designated floor. This is done to allow passengers to exit the elevator safely and easily, as the lowest floor is typically closest to the building's exits. By going to the lowest floor, the elevators also minimize the risk of passengers being trapped in the elevator during a power outage.

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  • 22. 

    Elevators in buildings that have more than seven stops and require faster operation are generally:

    • A.

      Traction

    • B.

      Holed hydraulic

    • C.

      Dual service

    • D.

      Hole-less hydraulic

    Correct Answer
    A. Traction
    Explanation
    Traction elevators are generally used in buildings that have more than seven stops and require faster operation. These elevators use a system of ropes and counterweights to move the elevator car, allowing for smooth and efficient operation. Traction elevators are capable of higher speeds and can handle heavier loads compared to other types of elevators, making them suitable for buildings with multiple floors and high traffic.

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  • 23. 

    The heart of the elevator system and location of most routine maintenance is the:

    • A.

      Hoist-way

    • B.

      Cab

    • C.

      Pit

    • D.

      Machine room

    Correct Answer
    D. Machine room
    Explanation
    The machine room is the correct answer because it houses the main components of the elevator system, including the motor, control panel, and other mechanical equipment. Routine maintenance tasks such as lubrication, inspection, and repairs are typically performed in the machine room. The hoist-way is the vertical shaft where the elevator car moves, the cab is the enclosed space where passengers ride, and the pit is the area at the bottom of the hoist-way. However, these locations are not the primary focus of routine maintenance and do not contain the essential equipment for the elevator system.

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  • 24. 

    Assess the Core Business Places After establishing the space requirements and performance expectations of the owner, the process of developing a building model is:

    • A.

      Statement of need

    • B.

      Systems approach

    • C.

      Space utilization

    • D.

      Programming

    Correct Answer
    D. Programming
    Explanation
    The correct answer is "Programming". Programming is the process of defining the specific requirements and functions of a building based on the owner's needs and expectations. It involves analyzing the space requirements, identifying the necessary systems and components, and determining how the space will be utilized. This step is crucial in developing a building model that meets the owner's goals and objectives.

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  • 25. 

    Security Compared to proprietary security, contract security typically produces:

    • A.

      Better trained personnel

    • B.

      A more favorable company image

    • C.

      Fewer management-personnel problems

    • D.

      Less expensive

    Correct Answer
    D. Less expensive
    Explanation
    Contract security is typically less expensive compared to proprietary security. This is because contract security companies often have a larger pool of personnel to choose from, allowing them to offer their services at a lower cost. Additionally, contract security companies may have more streamlined operations and lower overhead costs compared to proprietary security, resulting in lower overall expenses. Therefore, opting for contract security can be a cost-effective solution for businesses while still providing adequate security measures.

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  • 26. 

    Administrating Building Operations and Maintenance The level of maintenance that intends to preserve the performance expected from the equipment or system is:

    • A.

      Troubleshooting

    • B.

      Breakdown maintenance

    • C.

      Service maintenance

    • D.

      Preventive maintenance

    Correct Answer
    D. Preventive maintenance
    Explanation
    Preventive maintenance refers to the level of maintenance that aims to preserve the expected performance of equipment or systems. It involves regular inspections, cleaning, lubrication, and replacement of parts to prevent breakdowns and ensure optimal functioning. By proactively addressing potential issues, preventive maintenance helps to avoid costly repairs and downtime. This approach helps to extend the lifespan of equipment and improve overall operational efficiency.

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  • 27. 

    Efforts to keep equipment in good operating condition is called:

    • A.

      Maintenance

    • B.

      Troubleshooting

    • C.

      Monitoring

    • D.

      Inspection

    Correct Answer
    A. Maintenance
    Explanation
    Maintenance refers to the efforts made to keep equipment in good operating condition. It involves regular inspections, repairs, and preventive measures to prevent breakdowns and ensure the equipment's optimal performance. Troubleshooting, monitoring, and inspection are related activities but do not encompass the comprehensive approach of maintenance, which includes all necessary actions to maintain and prolong the lifespan of equipment.

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  • 28. 

    The level of maintenance that meets basic manufacturer’s recommendations and requires a minimum level of skill is:

    • A.

      Troubleshooting

    • B.

      Breakdown maintenance

    • C.

      Service maintenance

    • D.

      Preventive maintenance

    Correct Answer
    D. Preventive maintenance
    Explanation
    Preventive maintenance is the level of maintenance that meets the basic manufacturer’s recommendations and requires a minimum level of skill. This type of maintenance is designed to prevent equipment failures before they occur and typically involves straightforward, routine tasks such as inspections, cleaning, and minor adjustments according to a set schedule. These tasks can often be performed following a checklist provided by the manufacturer, making it accessible for personnel with less specialized skills. This proactive approach helps to maintain the reliability and efficiency of equipment without needing in-depth knowledge of its internal systems.

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  • 29. 

    What is the major goal of a preventive maintenance program?

    • A.

      Extend the life of the facility’s fixed assets

    • B.

      Reduce the overall cost of the maintenance program

    • C.

      Provide assurance equipment is available when needed

    • D.

      Reduce the number of times equipment is down unexpectedly

    Correct Answer
    D. Reduce the number of times equipment is down unexpectedly
    Explanation
    The major goal of a preventive maintenance program is to reduce the number of times equipment is down unexpectedly. By implementing regular maintenance procedures, potential issues can be identified and addressed before they cause equipment failure or breakdowns. This helps to minimize downtime, increase productivity, and avoid costly repairs or replacements.

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  • 30. 

    Grounds Maintenance You have just bid a landscape maintenance contract.  The low bidder is unable to provide I-9 (right-to-work) forms for its foreign-born laborers.  What should you do?

    • A.

      Disqualify the bidder

    • B.

      Hire the low bidder if he can provide forms within 90 days

    • C.

      Refer the problem to the legal department

    • D.

      Agree to hire the low bidder if he does not use employees without forms

    Correct Answer
    A. Disqualify the bidder
    Explanation
    The correct answer is to disqualify the bidder. This is because the bidder is unable to provide I-9 forms for its foreign-born laborers, which is a requirement for verifying the eligibility of employees to work in the United States. By disqualifying the bidder, you ensure that you are in compliance with legal requirements and avoid potential legal and financial consequences.

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  • 31. 

    REAL ESTATE Overview The type or lease in which the lessee pays all operating expenses is:

    • A.

      Gross lease

    • B.

      Net lease

    • C.

      Contract lease

    • D.

      Percentage lease

    Correct Answer
    B. Net lease
    Explanation
    In a net lease, the lessee is responsible for paying not only the base rent but also all or a portion of the operating expenses associated with the property, such as property taxes, insurance, and maintenance costs. This type of lease shifts the financial burden of these expenses from the lessor to the lessee.

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  • 32. 

    Your company requires new leased office space of 10,000 square feet in the next six months. You determine that using a commercial real estate broker would expedite the site selection. When receiving candidates, what is the most important factor?

    • A.

      That the broker be employed by the largest commercial real estate firm in the city where your lease requirement is located

    • B.

      That the broker also be the listing agent and represent a large number of landlords buildings in the local real estate market

    • C.

      That the broker always have a long list of references from Fortune 500 companies which he or she has represented in the past

    • D.

      That the broker work with you in a consistent partnership while providing experienced market knowledge and a good understanding of how commercial office leases function for both landlords and tenants

    Correct Answer
    D. That the broker work with you in a consistent partnership while providing experienced market knowledge and a good understanding of how commercial office leases function for both landlords and tenants
    Explanation
    The most important factor when receiving candidates for a commercial real estate broker is that they work with you in a consistent partnership while providing experienced market knowledge and a good understanding of how commercial office leases function for both landlords and tenants. This ensures that the broker will be able to effectively assist in the site selection process and navigate the complexities of leasing office space. The other options, such as the size of the broker's firm, the number of landlords they represent, or their list of references, may not necessarily guarantee the same level of expertise and personalized service.

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  • 33. 

    External Factors What is the greatest potential pitfall in acquiring property today?

    • A.

      Inadvertently accepting environmental contamination liability

    • B.

      Not obtaining the clear title to the property

    • C.

      Stringent zoning restrictions

    • D.

      Tax liability

    Correct Answer
    A. Inadvertently accepting environmental contamination liability
    Explanation
    The greatest potential pitfall in acquiring property today is inadvertently accepting environmental contamination liability. This means that when purchasing a property, there is a risk of unknowingly assuming responsibility for any environmental issues or contamination present on the property. This can lead to significant financial and legal consequences for the buyer, including costly cleanup and remediation efforts. Therefore, it is crucial for buyers to thoroughly assess the environmental history and potential risks associated with a property before making a purchase.

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  • 34. 

    Every real estate project begins with a:

    • A.

      Needs analysis

    • B.

      Contract

    • C.

      Feasibility study

    • D.

      Celebration

    Correct Answer
    A. Needs analysis
    Explanation
    Needs Analysis. Every real estate project typically begins with a needs analysis. This is a process where the project’s requirements and objectives are identified. It involves understanding the purpose of the project, the target market, and the specific needs that the project aims to fulfill. This step is crucial as it lays the foundation for the subsequent stages of the project, including the contract, feasibility study, and eventually, the celebration of its completion. However, it’s important to note that the process can vary depending on the specific circumstances of each project.

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  • 35. 

    Ownership Which of the following space planning techniques will assist in bringing space/cost ratios into line:

    • A.

      Increasing the number of corridors

    • B.

      Maximizing the use of fixed walls

    • C.

      Using inconsistent work station space modules

    • D.

      Consolidating conference rooms and other support areas

    Correct Answer
    D. Consolidating conference rooms and other support areas
    Explanation
    Consolidating conference rooms and other support areas will assist in bringing space/cost ratios into line. By consolidating these areas, it will reduce the overall amount of space needed for these functions, which in turn will help to decrease costs. This technique allows for more efficient use of space, as multiple functions can be accommodated within a single area, rather than having separate rooms for each function. This can also lead to better utilization of resources and increased collaboration among employees.

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  • 36. 

    What is the written instrument, evidenced by a note or bond, which the borrower gives as security for the repayment of the loan:

    • A.

      Mortgage

    • B.

      Contract

    • C.

      Purchase agreement

    • D.

      Down payment

    Correct Answer
    A. Mortgage
    Explanation
    A mortgage is a written instrument, evidenced by a note or bond, which the borrower gives as security for the repayment of the loan. It is a legal agreement between the borrower and the lender, where the borrower pledges their property as collateral in case of loan default. The mortgage allows the lender to have a claim on the property until the loan is fully repaid, giving them the right to sell the property to recover their money if necessary.

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  • 37. 

    Leasing The lease that tends to be long-term (20 years or more) is the:

    • A.

      Ground lease

    • B.

      Net lease

    • C.

      Gross lease

    • D.

      Percentage lease

    Correct Answer
    A. Ground lease
    Explanation
    A ground lease is a type of lease that tends to be long-term, often lasting for 20 years or more. In a ground lease, the tenant leases only the land from the landlord and is responsible for constructing and maintaining any buildings or improvements on the property. This type of lease is commonly used for commercial or industrial purposes, where the tenant may want a long-term commitment to the land without having to invest in purchasing it outright.

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  • 38. 

    To be legally enforceable, a contract to purchase real estate must:

    • A.

      Be in writing

    • B.

      Involve unrelated parties

    • C.

      Detail any financing

    • D.

      Include insurance requirements

    Correct Answer
    A. Be in writing
    Explanation
    A contract to purchase real estate must be in writing in order to be legally enforceable. This is because real estate transactions involve significant financial commitments and potential risks, and a written contract helps ensure clarity, transparency, and protection for both parties involved. A written contract provides a clear record of the agreed-upon terms and conditions, preventing any misunderstandings or disputes that may arise in the future. It also serves as evidence in case of any legal actions or claims related to the contract. Therefore, a written contract is a fundamental requirement for the enforceability of a real estate purchase agreement.

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  • 39. 

    Which of the following is not usually an allowable operating expense under a lease?

    • A.

      Employee vacation/holiday pay

    • B.

      Tenant improvement costs

    • C.

      Property Insurance

    • D.

      Utilities

    Correct Answer
    B. Tenant improvement costs
    Explanation
    Tenant improvement costs are typically expenses incurred by the landlord or property owner to customize or renovate a rental space to meet the specific needs of a tenant. These costs are generally not considered operating expenses under a lease. Operating expenses typically include property insurance, utilities, and employee-related costs such as vacation/holiday pay, as these are necessary for the day-to-day operation and maintenance of the property.

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  • 40. 

    What kind of lease includes the base rent, plus the tenant pays a share of the real estate taxes?

    • A.

      Net lease

    • B.

      Double-net lease

    • C.

      Triple-net lease

    • D.

      Cost lease

    Correct Answer
    A. Net lease
    Explanation
    A net lease is a type of lease agreement where the tenant pays the base rent plus a share of the property's operating expenses, which can include real estate taxes, insurance, and maintenance costs. In a single net lease, the tenant typically pays the base rent plus a portion of the property taxes.

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  • 41. 

    What kind of lease includes the base rent, plus tenant pays a share of the real estate taxes, insurance, maintenance, repairs, and operating expenses:

    • A.

      Gross lease

    • B.

      Double-net lease

    • C.

      Triple-net lease

    • D.

      Cost lease

    Correct Answer
    C. Triple-net lease
    Explanation
    A triple-net lease is a type of lease where the tenant is responsible for paying not only the base rent but also a share of the real estate taxes, insurance, maintenance, repairs, and operating expenses. This means that the tenant is responsible for covering all the costs associated with the property, in addition to the rent. This type of lease is commonly used in commercial real estate, where the tenant takes on a significant portion of the financial burden for the property.

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  • 42. 

    What do you call that portion of the building that is a public corridor or lobby, or is required for access by all occupants on a floor to stairs, elevators, toilet rooms, and building entrances:

    • A.

      Common area

    • B.

      Primary circulation

    • C.

      Public area

    • D.

      Secondary circulation

    Correct Answer
    B. Primary circulation
    Explanation
    Primary circulation refers to that portion of the building which is a public corridor or lobby, or is required for access by all occupants on a floor to stairs, elevators, toilet rooms, and building entrances. It is the main pathway that allows people to move through the building and access essential areas. This term is commonly used in architecture and design to describe the main circulation routes within a building.

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  • 43. 

    In a multi-floor, multi-tenant office building, a private stairwell built between two floors occupied by one tenant is:

    • A.

      Part of the building’s common area

    • B.

      Part of the tenant’s rentable areas

    • C.

      Part of the tenant’s usable areas

    • D.

      Both B and C

    Correct Answer
    D. Both B and C
    Explanation
    The private stairwell built between two floors occupied by one tenant is considered part of the tenant's rentable areas because it is a space that the tenant is able to lease and utilize. Additionally, it is also considered part of the tenant's usable areas because the tenant has exclusive access to the stairwell and can use it for their own purposes. Therefore, the correct answer is both B and C.

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  • 44. 

    What is the term used to describe the area of a building that measures to the outside face of exterior walls and disregards the cornices, pilasters and buttresses that extend beyond the wall face?

    • A.

      Gross area

    • B.

      Rentable area

    • C.

      Usable area

    • D.

      Assignable area

    Correct Answer
    A. Gross area
    Explanation
    The term used to describe the area of a building that measures to the outside face of exterior walls and disregards the cornices, pilasters, and buttresses that extend beyond the wall face is Gross area.

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  • 45. 

    What is the term used to describe the area of a building that measures to the inside finished surface of the permanent out building walls, excluding any major vertical penetrations of the floor?

    • A.

      Gross area

    • B.

      Rentable area

    • C.

      Usable area

    • D.

      Assignable area

    Correct Answer
    B. Rentable area
    Explanation
    Rentable area refers to the total area of a building that can be rented out to tenants. It includes the usable area as well as a portion of the common areas such as corridors, stairwells, and lobbies. The rentable area is measured from the inside finished surface of the permanent out building walls, excluding any major vertical penetrations of the floor. This term is commonly used in real estate and commercial leasing to determine the amount of space that can be leased to tenants and calculate rental fees.

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  • 46. 

    When calculating a floor’s rentable area, you must first subtract the area calculation for which of the following?

    • A.

      Mechanical rooms, stairwells, restrooms, and elevator shafts

    • B.

      Elevator shafts, restrooms, mechanical rooms, and stairwells

    • C.

      Entire core area of the floor

    • D.

      Stairwells, elevator shafts, and mechanical chases

    Correct Answer
    D. Stairwells, elevator shafts, and mechanical chases
    Explanation
    When calculating a floor's rentable area, you must first subtract the area calculation for stairwells, elevator shafts, and mechanical chases. These areas are not rentable spaces and are typically excluded from the total rentable area calculation.

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  • 47. 

    What is the term to describe the area of a building that includes the area to the exterior walls, building columns, and projections, and secondary circulation but excludes the exterior walls, major vertical penetrations, primary circulation, building core and building service areas?

    • A.

      Gross area

    • B.

      Rentable area

    • C.

      Usable area

    • D.

      Assignable area

    Correct Answer
    C. Usable area
    Explanation
    The term "usable area" refers to the space within a building that is available for occupancy and use by its occupants. It includes the area to the exterior walls, building columns, and projections, as well as secondary circulation such as hallways and corridors. However, it excludes certain elements such as the exterior walls, major vertical penetrations (such as elevator shafts), primary circulation (such as staircases), building core (such as mechanical rooms), and building service areas (such as utility rooms). This term is commonly used in real estate and architectural contexts to determine the actual usable space within a building.

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  • 48. 

    What is the term used to describe the area of a building that measures to the inside surface of the exterior building walls to the finished surface of the walls surrounding major vertical penetrations and building core and service space and to the center of partitions separating assignable area from secondary circulation space?

    • A.

      Gross area

    • B.

      Rentable area

    • C.

      Usable area

    • D.

      Assignable area

    Correct Answer
    D. Assignable area
    Explanation
    The term used to describe the area of a building that measures to the inside surface of the exterior building walls to the finished surface of the walls surrounding major vertical penetrations and building core and service space and to the center of partitions separating assignable area from secondary circulation space is "assignable area". This refers to the space that can be assigned or allocated for specific purposes within a building, excluding areas like circulation spaces or mechanical rooms.

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  • 49. 

     What do you call the area of load-bearing surfaces located above or below occupied building floors that are not available for general occupancy due to inadequate clear headroom, but that may contain building mechanical or electrical systems predominantly serving adjacent floors or provide access to such systems?

    • A.

      Excluded area

    • B.

      Service area

    • C.

      Interstitial area

    • D.

      Core area

    Correct Answer
    C. Interstitial area
    Explanation
    The term "interstitial area" refers to the area of load-bearing surfaces located above or below occupied building floors that are not available for general occupancy due to inadequate clear headroom. These areas may contain building mechanical or electrical systems that predominantly serve adjacent floors or provide access to such systems. The term "interstitial" implies that these areas exist between or among other spaces within a building, serving a specific purpose without being directly accessible to occupants.

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  • 50. 

    Floor Area Management Guidelines What is the ratio of usable area divided by the rentable area called?

    • A.

      Building efficiency ratio

    • B.

      Rule of 72

    • C.

      Equity ratio

    • D.

      Lease option ratio

    Correct Answer
    A. Building efficiency ratio
    Explanation
    The ratio of usable area divided by the rentable area is called the building efficiency ratio. This ratio helps to measure the efficiency of a building by determining how much of the total area can be effectively used by tenants compared to the total area that can be rented out. A higher building efficiency ratio indicates that a larger proportion of the rentable area is usable, making the building more efficient and desirable for tenants.

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Quiz Review Timeline +

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

  • Current Version
  • Aug 15, 2024
    Quiz Edited by
    ProProfs Editorial Team
  • Oct 25, 2011
    Quiz Created by
    Julia Leslie
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