In Retail Property Types, Rents Are Quoted on the Basis

question 20

Multiple Choice

In retail property types, rents are quoted on the basis of which of the following?

• A) Usable area
• B) Gross floor area
• C) Gross leasable area
• D) Rentable area

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Definitions:

Reactionary

A political viewpoint characterized by opposition to progress or change and aiming to return to a previous state or condition.

Environmental Protection

A practice of safeguarding the natural environment on individual, organizational, or governmental levels, for the benefit of both the environment and humans.

Global Village

A term popularized by Marshall McLuhan, describing the world as a connected community facilitated by electronic communication.

Marshall McLuhan

A pioneering Canadian scholar in the field of media theory, best known for coining the expressions "the medium is the message" and "global village."