Question 1
What does the acronym NNN stand for in a commercial lease?
Correct Answer:
Triple net — tenant pays property taxes, insurance, and maintenance
Question 2
Which lease type places the greatest financial responsibility on the landlord?
Correct Answer:
Full-service gross lease
Question 3
A tenant occupies 5,000 rentable square feet in a building with a 15% load factor. What is the tenant's usable square footage?
Correct Answer:
Approximately 4,348 square feet
Question 4
What is an expense stop in a commercial office lease?
Correct Answer:
A cap on operating expenses above which the tenant pays the overage
Question 5
Which escalation clause ties rent increases to an external economic indicator?
Correct Answer:
CPI adjustment clause
Question 1
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About this Exam

Prepare with the SIOR Practice Questions - Society of Industrial and Office Realtors Designation Exam practice quiz. This question bank includes 100 questions covering commercial, lease, tenant, building, and rent. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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SIOR Practice Questions - Society of Industrial and Office Realtors Designation Exam

This practice set contains 100 questions from the matching question bank and focuses on commercial, lease, tenant, building, and rent. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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