Property Management
Under the Americans with Disabilities Act (ADA), a North Dakota commercial property that is open to the public must:
AProvide accessible facilities only when requested
BRemove barriers to access where readily achievable✓ Correct
CInstall elevators in all multi-story buildings
DProvide private parking spaces for all disabled tenants
Explanation
The ADA requires places of public accommodation to remove architectural barriers where 'readily achievable' (easily accomplishable without much difficulty or expense). All North Dakota commercial properties open to the public must comply.
People Also Study
Related North Dakota Questions
- Adverse possession in North Dakota typically requires continuous and open occupation for at least:Property Ownership
- What is a 'gross lease' as commonly used for North Dakota commercial properties?Property Management
- A North Dakota property management company that manages residential properties must comply with the Fair Housing Act and ensure that:Property Management
- A North Dakota commercial property sold for $1,200,000. The broker charges a 4% commission. How much is the commission?Real Estate Math
- A North Dakota property manager who sublicenses commercial space to multiple subtenants without the master landlord's consent may be in breach of the:Property Management
- A North Dakota commercial lender requires a 'personal guaranty' from a business owner seeking a commercial real estate loan. This means the owner:Finance
- A North Dakota commercial mortgage that requires only interest payments during the loan term, with the entire principal due at maturity, is called a(n):Finance
- A North Dakota home is on a 9,600 sq ft lot. A local ordinance requires 30% of the lot to remain as open space. How many square feet may be built upon?Real Estate Math
Key Terms to Know
Earnest Money
A deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
Study This Topic
Practice More North Dakota Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free North Dakota Quiz →