Sure Pass Exam PREX-1060A PDF

Use a laser measuring device to take the measurements.

Recommend the services of third-party professionals to measure it.

Tell the seller the usable size is 80 percent of the rentable size.

Add a disclaimer to protect the seller from any discrepancy.

The condition of goods, chattels, and fixtures cannot be verified

Income and expense statements contain misrepresentations

The seller provides insufficient due diligence documents

The seller discloses all liabilities of the business in writing

The relative lack of liquidity

The relative lack of capital growth during the holdover period

The fact that rent, leased space, and building size are fixed

The insufficiency of cash flow during the holding period

The tenant's signage must be approved by the municipality and the landlord, and all associated costs shall be paid by the landlord.

The tenant's signage is considered a trade fixture and shall remain the tenant's property.

The tenant's signage shall be immediately removed at the end of their lease term(s) at the tenant’s expense.

The tenant's signage, from approvals to installation and ongoing maintenance, shall be at thetenant's own expense.