RES 429 Week 4 complete
DQ 1. Explain
the difference between a net lease, a net-net lease, and a net-net-net lease.
Give an example of situation in which a ground lease might be used.
DQ 2. You
take a chance on a transitional neighborhood and become a tenant in a
residential building. You sign a one- year lease; however, before the lease
ends, the owner sells the building and the new owner increases the rent by 50%.
Can you terminate your lease? Why or why not? Are any fair housing laws being
violated in this scenario? Explain.
Write a two- to three- page paper detailing
your competitive market analysis for your Property Management Plan. Please see
the assignment section for resources to assist you with locating a property.
The competitive market analysis
should identify and review the rents and occupancies in similar competing
buildings. The competitive market analysis should also include the regional
analysis and neighborhood analysis outlining the economic base of the
metropolitan region and the geographic sector and local neighborhood in which
the property is situated.
At a minimum, the comparative market
analysis should include:
a. Detailed
information about the specific, local area where the property is located.
b. Demographic
information on the regional or metropolitan area in which the property is
located.
c. Economic
information on the regional or metropolitan area in which the property is
located.
d. Comparison of rents and
occupancies to similar properties in the area.
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