Property Management
A Connecticut commercial tenant in an office building pays base rent of $3,000/month plus their proportionate share of building expenses. If the tenant occupies 15% of the building and annual building expenses are $80,000, what does the tenant pay monthly in expense pass-throughs?
A$1,000✓ Correct
B$1,200
C$1,500
D$800
Explanation
Annual tenant expense share = $80,000 × 15% = $12,000. Monthly = $12,000 ÷ 12 = $1,000. To solve this, multiply the relevant values: $3,000 and $80,000, at 15%.. The correct answer is $1,000.. This is a common calculation on the Connecticut real estate exam.
Related Connecticut Property Management Questions
- A Connecticut commercial landlord must provide tenants with the Americans with Disabilities Act (ADA) 'barrier removal' accommodations when:
- A Connecticut property manager receives a legal summons addressed to the property owner at the managed property. The manager should:
- In Connecticut, a landlord must give a tenant at least how many days' notice before entering the rental unit for non-emergency repairs?
- A Connecticut 'ground lease' is a long-term lease under which the tenant:
- A property manager discovers a tenant is running an unlicensed business from their apartment. The manager should:
- A Connecticut commercial tenant on a full-service gross lease pays $3,500/month. The landlord is responsible for which of the following?
- A property manager collects $15,000 in monthly rents. This money must be kept in a:
- In Connecticut, 'constructive notice' in landlord-tenant law means a landlord is presumed to know about a condition if:
Practice More Connecticut Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Connecticut Quiz →