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Humanities Travel and Tourism Topic started by: liljay on Jul 28, 2019



Title: Which of the following statements is NOT true of a straight rental agreement?
Post by: liljay on Jul 28, 2019
Which of the following statements is NOT true of a straight rental agreement?

▸ The owners typically pay for all taxes, utilities, and general maintenance expenses.

▸ Condo owners receive a portion of the rental revenues.

▸ The owners receive a percentage of the rental income (usually 49%), and the management company retains the remainder (usually 51%).

▸ All condominium owners share in rental income based on the square footage of their units.


Title: Which of the following statements is NOT true of a straight rental agreement?
Post by: ShaeTime3 on Jul 28, 2019
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