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Property Management RE 190 Questions And Answers With Verified Solutions100% Correct Latest Updated 2024
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Property Management RE 190 Questions And Answers With Verified Solutions100% Correct Latest Updated 2024

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  • November 20, 2024
  • 14
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • property management re 190 questions and answers w
  • accredited management organization
  • accredited resident manager
  • accredited marketing director
  • accredited shopping center manager

Written for

  • Certified Professional Property Specialist
  • Certified Professional Property Specialist

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Property Management RE 190 Questions
And Answers With Verified
Solutions100% Correct Latest Updated
2024
Accredited Management Organization - ANSWER✔✔ A professional designation
available to a management firm that meets IREM specifications.

Accredited Resident Manager - ANSWER✔✔ A professional designation of the
Institute of Real Estate Management.

Accredited Marketing Director - ANSWER✔✔ A professional designation of the
International Council of Shopping Centers.

Accredited Shopping Center Manager - ANSWER✔✔ A professional designation
of the International Council of Shopping Centers.

Agent - ANSWER✔✔ A person who acts for another such as a property manager.

American Industrial Real Estate Association - ANSWER✔✔ An organization that
provides educational material including lease forms.

American with Disabilities Act - ANSWER✔✔ prohibiting
discrimination,allowing and requiring modifications for handicapped.

Anchor Tenant - ANSWER✔✔ The major tenant(s) who act(s) as an attraction in a
shopping center.

Appreciation - ANSWER✔✔ An increase in value.

Arbitration - ANSWER✔✔ Nonjudicial process of a dispute resolution before a
party agreed to by the parties (arbitrator).

Assignment of Lease - ANSWER✔✔ transfer of all lease interests by the lease.

, Association Management Specialist - ANSWER✔✔ A professional designation of
the Community Associations Institute.

Attornment - ANSWER✔✔ A tenant agrees to be the tenant of a prior lienholder
who forecloses.

Automatic Renewal - ANSWER✔✔ A clause that the lease renews itself unless
notice of termination is given.

Binder - ANSWER✔✔ Authorized insurance coverage prior to the issuance of a
policy of insurance.

Boiler Insurance - ANSWER✔✔ Insurance that covers losses in a broiler
explosion.

Budget - ANSWER✔✔ A financial plan/for operation.

Building Owners and Managers Association International - ANSWER✔✔ A major
property management organization.

Built-Up Roof - ANSWER✔✔ A layered roof of hot tar and roofing paper.

CAL OSHA - ANSWER✔✔ California Occupational Safety and Health Act

Capital Gains - ANSWER✔✔ Gains on the sale of a capital asset re that are
subject to a preferred tax rate.

Cash Flow - ANSWER✔✔ Cash left over from all cash receipts after cash
expenses (net spendable).

Certified Leasing Specialist - ANSWER✔✔ A designation of the International
Council of Shopping Centers.

Certified Manager of Community Associations - ANSWER✔✔ A professional
designation of the Community Associations Institute.

Certified Property Manager - ANSWER✔✔ The highest professional designation
of the Institute of Real Estate Management.

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