Teaching you about ADA, LLC, INC, SNDA and IRR in commercial real estate. Answer Key Series (p 5) |

In Part 5 of the Retail Leasing Proficiency Test Answer Key Series, we break down five important terms that come up in leasing, legal structures, and investment analysis:
✅ ADA – Americans with Disabilities Act
✅ LLC – Limited Liability Company
✅ INC – Incorporated
✅ SNDA – Subordination, Non-Disturbance & Attornment
✅ IRR – Internal Rate of Return

These terms show up frequently in lease agreements, ownership structures, and investment underwriting. I explain what each one means and how it's used in real-world CRE deals.

📘 This video is part of the full Retail Leasing Answer Key Series
📺 Watch the full playlist here: [Insert playlist link]
📝 Take the original test here:   / retail-leasing-associate-proficiency-test-...  

0:00 – Intro: Why Acronyms Matter in CRE
0:07 – ADA: Americans with Disabilities Act
1:54 – ADA Lawsuits & Legal Risks
2:40 – LLC vs. Inc: Entity Types in Leasing
4:40 – SNDA: Subordination, Non-Disturbance & Attornment
7:15 – IRR: Internal Rate of Return Explained
10:49 – IRR & Leasing: Example from a Shopping Center Deal
12:28 – Exit Cap Rates & Tenant Quality
14:44 – Landlord Pushback on TI & Cost Implications
15:19 – Outro: What’s Next in the Answer Key Series

📌 About this Channel:
I'm Hue Chen, a real estate investor and operator focused on shopping centers and retail CRE. I share insights on leasing, acquisitions, operations, tech, and scaling a management company.

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