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NC Post-Licensing Section 302 Questions and Answers Already Passed CA$14.43   Add to cart
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NC Post-Licensing Section 302 Questions and Answers Already Passed
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NC Post-Licensing Section 302 Questions and Answers Already Passed What is the primary role of a property manager in tenant relations? To ensure tenants' needs are addressed and manage any issues or complaints. What is typically included in a property management agreement? Responsibili...

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  • September 6, 2024
  • 17
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • nc post licensing section 302 questions and answe

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  • NC Post-Licensing Section 302
  • NC Post-Licensing Section 302

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NC Post-Licensing Section 302
Questions and Answers Already Passed

What is the primary role of a property manager in tenant relations?


✔✔ To ensure tenants' needs are addressed and manage any issues or complaints.




What is typically included in a property management agreement?


✔✔ Responsibilities of the property manager, management fees, and terms of service.




How should rent collection be handled by a property manager?


✔✔ Rent should be collected on a regular schedule as specified in the lease agreement and

recorded properly.




What is the purpose of a lease renewal option in a rental agreement?


✔✔ To give tenants the option to extend their lease for an additional term under specified

conditions.




What is required for a landlord to legally terminate a lease?


✔✔ The landlord must provide proper notice as specified in the lease agreement and local laws.

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,What should a property manager do if maintenance issues are reported by a tenant?


✔✔ Address and resolve the maintenance issues promptly and keep the tenant informed of the

progress.




What is the significance of conducting regular property inspections?


✔✔ To ensure the property is well-maintained and to identify any potential issues before they

become major problems.




How should a property manager handle security deposits?


✔✔ Security deposits should be held in a separate escrow account and returned to the tenant

according to the terms of the lease and local regulations.




What is the role of a property manager in tenant screening?


✔✔ To evaluate potential tenants through background checks, credit reports, and rental history

to ensure they meet the property’s criteria.




What action should a property manager take if a tenant is consistently late with rent payments?




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, ✔✔ Review the lease agreement for terms related to late payments, communicate with the tenant

about the issue, and follow legal procedures if necessary.




What is a key responsibility of a property manager regarding lease agreements?


✔✔ To ensure that lease agreements are properly drafted, executed, and adhered to by both

parties.




How should a property manager handle evictions?


✔✔ Follow legal procedures and local regulations to process the eviction and ensure all steps are

properly documented.




What should be included in a move-in inspection report?


✔✔ Documentation of the property's condition, including any existing damages or issues, and

confirmation of the tenant's receipt of the report.




What is the purpose of regular financial reporting by a property manager?


✔✔ To provide the property owner with an accurate account of income and expenses related to

the property.

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