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liljay liljay
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4 years ago
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.
Textbook 
Tourism: The Business of Hospitality and Travel

Tourism: The Business of Hospitality and Travel


Edition: 6th
Authors:
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ShaeTime3ShaeTime3
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Posts: 368
4 years ago
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