MAINTENANCE REPAIRS AND DILAPIDATIONS OF BUILDINGS AND REAL ESTATE MANAGEMENT Welcome to your MAINTENANCE REPAIRS AND DILAPIDATIONS OF BUILDINGS AND REAL ESTATE MANAGEMENT 1. Why is knowledge of the life serviceability and strength of building materials important for maintenance? To ensure compatibility of replacement materials To determine the maintenance frequency To estimate repair costs All of the above 2. What is the purpose of preparing schedules of dilapidation? Assessing the condition of a building before a lease ends Calculating the cost of repairs Determining the liability for maintenance and repairs All of the above 3. Which document specifies the required repairs and quantities of materials for building maintenance? Schedule of dilapidation Bill of quantity Specification document Maintenance checklist 4. In the context of building maintenance, what is a bill of quantity? A document listing the items to be repaired A document specifying the quantities of materials required A document outlining the cost estimates for repairs A document detailing the maintenance schedule 5. What is the purpose of a specification document for repairs? To outline the scope of work and quality standards To calculate the cost of repairs To schedule maintenance activities To assess the structural integrity of the building 6. What is the purpose of a building survey for assessment of damage due to fire, explosion, earthquake, or any other peril for insurance purposes? To determine the cause of the damage To assess the extent of the damage To estimate the repair costs All of the above 7. What is the purpose of an insurance claim for building damage? To receive compensation for repair costs To identify the party responsible forthe damage To assess the building's overall condition To determine the building's insurability 8. In building maintenance, which principle helps determine the appropriate repair methods and materials? Compatibility Durability Sustainability All of the above 9. When assessing the condition of a building for insurance purposes, what is a building survey? An evaluation of the building's structural integrity An analysis of potential risks and hazards A comprehensive inspection of the building's components All of the above 10. Which document provides a detailed breakdown of the repairs required for a building? Schedule of dilapidation Bill of quantity Specification document Maintenance checklist 11. Why is it important to estimate the repair costs accurately for an insurance claim? To ensure adequate coverage To prevent fraudulent claims To expedite the claims process All of the above 12. What is the primary goal of building maintenance? Preventive maintenance to avoid major repairs Enhancing the aesthetic appeal of the building Increasing property value Maximizing rental income 13. When assessing damage due to a peril for insurance purposes, what is the role of the valuer? Estimating the repair costs Determining the insurability of the building Providing expert testimony in court All of the above 14. What is the meaning of dilapidations? Damage or disrepair of a property Excessive wear and tear Unauthorized alterations to a property Failure to comply with building regulations 15. Who is liable for dilapidations in a leased property? Landlord only Tenant only Both landlord and tenant Government authorities 16. What is the nature of waste in relation to property? Unlawful disposal of waste materials Damage caused by negligence or misuse Environmental pollution from the property Illegal occupation of the property 17. What is the implied obligation to repair between a landlord and tenant? The landlord is responsible for all repairs The tenant is responsible for all repairs The responsibility for repairs is shared between landlord and tenant There is no implied obligation to repair 18. Under which type of tenancy/lease agreement is the landlord usually responsible for major repairs? Full repairing lease Assured shorthold tenancy Month-to-month tenancy Commercial lease 19. What is fair wear and tear in the context of a tenancy/lease agreement? Damage caused by deliberate actions of the tenant Normal deterioration due to ordinary use Failure to maintain the property Unauthorized alterations to the property 20. What are recent amendments in the rent control act? Changes in rent payment methods Revised eviction procedures Updated regulations on property maintenance Modifications to rent control board composition 21. Which act in Maharashtra affects the property market for real estate? Rent Control Act Maharashtra Housing and Area Development Authority Act Real Estate (Regulation and Development) Act Indian Contract Act 22. What is the effect of recent amendments in the rent control act on the property market? Increased rental rates Easier eviction procedures for landlords Enhanced tenant protections All of the above 23. Which type of agreement is commonly used in commercial leases? Full repairing lease Assured shorthold tenancy Month-to-month tenancy Fixed-term lease 24. What does the implied obligation to repair mean? The landlord is responsible for all repairs and maintenance The tenant is responsible for all repairs and maintenance Both the landlord and tenant share the responsibility for repairs and maintenance Repairs and maintenance are not required under the implied obligation 25. What is the purpose of the Maharashtra Housing and Area Development Authority Act? To regulate property prices in Maharashtra To facilitate the development of housing and infrastructure in Maharashtra To govern landlord-tenant relationships in Maharashtra To establish rent control measures in Maharashtra 26. What is fair wear and tear in relation to a leased property? Damage caused by intentional acts of the tenant Normal deterioration due to ordinary use Failure to comply with building regulations Unauthorized modifications to the property 27. Which factor determines the extent of liabilityfrom dilapidations? Duration of the lease agreement Type of property Specific terms in the lease agreement All of the above 28. Which party is generally responsible for minor repairs in a residential tenancy? Landlord Tenant Property management company Homeowners association 29. What does the term "dilapidations" typically refer to in the context of property? Wear and tear of furnishings Damage caused by natural disasters Disrepair or deterioration of the property Financial losses incurred by the landlord 30. What is the purpose of recent amendments in the rent control act? Increase rental rates Strengthen tenant rights and protections Ease eviction procedures for landlords Encourage property investment in the market 31. Which of the following is covered by the Maharashtra Housing and Area Development Authority Act? Regulation of property sales and transactions Enforcement of property maintenance standards Development and management of affordable housing projects All of the above 32. In a full repairing lease, who is responsible for major repairs and maintenance? Landlord Tenant Shared responsibility between landlord and tenant Property management company 33. How do recent amendments in the rent control act impact rental rates in the property market? They generally lead to a decrease in rental rates They generally lead to an increase in rental rates They have no direct impact on rental rates It depends on the specific provisions of the amendments 34. What does the concept of management in real estate development and administration entail? Planning and overseeing real estate projects Marketing and sales of properties Property maintenance and repairs All of the above 35. What does carrying capacity of cities and towns refer to? The number of people a city or town can sustainably support The availability of infrastructure and services in a city or town The environmental impact of urban development The economic potential of a city or town 36. Which of the following is considered an infrastructural requirement for cities and towns? Water supply Sewerage and drainage systems Transportation networks All of the above 37. What are the forces of in-migration and out-migration in urban areas? Factors that attract people to cities Factors that cause people to leave cities Both and 38. What does the concept of rural-urban symbiosis mean? Mutual dependence and benefits between rural and urban areas Conflicts and competition between rural and urban areas Migration of rural population to urban areas Development of rural areas to support urban growth 39. What is the urban renewal process? Rehabilitation of existing buildings and infrastructure Redevelopment of outdated or dilapidated areas Conservation of historical buildings and landmarks All of the above 40. What is the purpose of urban renewal through redevelopment? Revitalizing economically depressed areas Preserving historical buildings and landmarks Improving infrastructure and public spaces All of the above 41. What does the decay of the core area refer to? Deterioration of the central part of a city or town Population decline in urban areas Inadequate maintenance of public spaces Lack of investment in infrastructure projects 42. What is the primary aim of real estate development practices? Maximizing profits for developers Meeting the needs of the community Enhancing the aesthetic appeal of buildings Promoting sustainable development 43. What is the role of financial institutions in urban development finance? Providing loans for infrastructure projects Offering mortgage loans for property purchases Investing in real estate development projects All of the above 44. What is the objective of the Housing Finance Development Corporation? Promoting affordable housing initiatives Facilitating real estate investment Providing financial support for infrastructure projects Enhancing the regulatory framework for the real estate sector 45. Which factor is considered an infrastructural requirement for urban areas? Availability of healthcare facilities Educational institutions Open spaces and parks All of the above 46. What is the primary focus of real estate development and administration? Land acquisition and site selection Project planning and execution Marketing and sales Property management and maintenance 47. Private development enterprises in real estate are typically carried out by: Developers Contractors Architects Bankers 48. Regulatory laws for construction of multi-storied buildings include regulations related to: Building codes and standards Zoning and land use Environmental impact assessments All of the above 49. Real Estate Investment Trust (REIT) is an investment vehicle that: Invests in real estate properties Provides loans for real estate development Offers property management services Facilitates property transfers 50. Cooperative housing refers to a housing arrangement where: Multiple owners jointly own and manage a housing complex Housing is provided by the government Individuals rent apartments from a corporate entity Public buildings are converted into housing units 51. The management of apartment housing typically involves: Collecting rent and managing tenant relationships Maintaining common areas and amenities Ensuring compliance with regulations and bylaws All of the above 52. Corporate housing refers to housing that is primarily provided for: Corporate executives and employees Low-income individuals and families Government officials and employees Senior citizens and retirees 53. Public buildings are owned and managed by: Government entities Non-profit organizations Private developers Community associations 54. Ownership in real estate can be in the form of: Freehold ownership Leasehold ownership Cooperative ownership All of the above 55. Tenancies in real estate refer to: Rental agreements between landlords and tenants Ownership agreements between buyers and sellers Management contracts between property managers and owners Joint ventures between developers and investors 56. Rent control laws typically aim to: Stabilize rental prices and protect tenants from excessive rent increases Maximize rental profits for landlords Encourage property development and investment Facilitate property transfers and administration 57. Methods of fixing rent can include: Market-based rents Rent control regulations Negotiated rents All of the above 58. Rent rigidity refers to: Inflexibility in adjusting rental prices Easy adjustments of rental prices based on market conditions Rent control regulations Rent stabilization measures 59. Real Estate Investment Trusts (REITs) allow individual investors to: Pool their funds to invest in a diversified real estate portfolio Obtain loans for real estate development projects Access government subsidies for affordable housing Trade real estate assets on the stock market 60. In flexible rent agreements, rental prices are typically determined by: Market demand and supply Rent control regulations Government guidelines Property owner's discretion Time's up
