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Property Management Unit 1 Questions and Answers Graded A+
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Property Management Unit 1 Questions and Answers Graded A+ What does a lease agreement typically outline? A) The property's historical value B) The terms and conditions of the rental arrangement C) The property's future development plans D) The owner's personal preferences Which of the...

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  • October 26, 2024
  • 9
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • property management unit 1 questions and answers

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  • Property Management Unit 1
  • Property Management Unit 1

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Property Management Unit 1 Questions
and Answers Graded A+
What does a lease agreement typically outline?

A) The property's historical value


✔✔B) The terms and conditions of the rental arrangement


C) The property's future development plans

D) The owner's personal preferences




Which of the following is considered a common type of residential property?


✔✔A) Apartment


B) Office building

C) Shopping mall

D) Warehouse




What is the purpose of conducting tenant screenings?


✔✔A) To find reliable and qualified tenants


B) To increase rental prices

C) To reduce property value

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, D) To limit the number of tenants




What is the role of maintenance in property management?


✔✔A) To ensure the property is in good condition and safe for tenants


B) To sell parts of the property

C) To improve property value through appreciation

D) To limit tenant access to amenities




What is a common reason for a tenant to break a lease?

A) Increased property value


✔✔B) Job relocation


C) Lack of interest in the property

D) To move to a larger property




What is the purpose of a property inspection?

A) To reduce maintenance costs

B) To update property listings


✔✔C) To assess the condition of the property and identify needed repairs


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