Property Management
The vacancy rate at a 100-unit apartment complex is 8%. How many units are currently occupied?
A82 units
B88 units
C90 units
D92 units✓ Correct
Explanation
Occupied units = Total units × (1 − Vacancy rate). 100 × (1 − 0.08) = 100 × 0.92 = 92 units. Property rights and ownership forms are governed by Oklahoma state law and common law principles.. The correct answer is 92 units.
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