Interviewers love to test interviewees' knowledge by pulling out an arcane term that is specific to the industry and testing what you know about it. For example, do you know the difference between a triple net lease and a gross lease? (For reference, a triple net lease requires the tenant to pay taxes, insurance and building maintenance along with his rent, while a tenant with a gross lease pays only rent with the landlord covering the other expenses.)

Companies expect a learning curve for new hires; they do not expect you to know every intricate detail about the industry on your first day. These questions serve more as a gauge of your preparation and how serious you are about the job. Study as much as you can about the industry before you start interviewing, and prepare to put your knowledge on display.