Property Management, Landlords, and Tenants in DC Review Questions and Answers

agent, owner of real estate The property manager is compensated to act as an ----- for the ----- in all matters relating to the property's operation under the property manager's direction. operation The property manager is compensated to act as an agent for the owner in all matters relating to the property's ----- under the property manager's direction. real estate sales, purchases Property managers don't perform services related to ------- or -------. property management agreement., confidentiality, account, Fiduciary duties (§ 47-2853.195) Comply with the ------ Exercise ordinary care. Disclose pertinent facts to owner. Maintain ------- Properly ------- for money and property. Comply with all applicable statutes, laws, and regulations. resident managers Property managers may supervise ----- day-to-day operations. own property, clerical, administrative A property management license isn't required for managing one's ------- or for ---- or ---- tasks, such as: Delivering or receiving leases Providing information about or showing units true t or f? you can show units without a property management license rental housing act of 1985 ------- requires Rental Accommodations Division (RAD) registration as either subject to or exempt from rent control. rental accommodations division the rental housing act of 1985 requires ----- registration as either subject to or exempt from rent control. Unregistered units --------- are subject to rent control.