Exam (elaborations)
Ch 22 Property Management, Landlords, and Tenants in DC Exam Questions and Answers
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Ch 22 Property Management, Landlords, and Tenants in DC Exam
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Ch 22 Property Management, Landlords,and Tenants in DC Exam
agent, owner of real estate - Correct Answers -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 - Correct Answers -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 - Correct Answers -Property managers don't perform
services related to ------- or -------.
property management agreement., confidentiality, account, - Correct Answers -
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 - Correct Answers -Property managers may supervise ----- day-to-
day operations.
own property, clerical, administrative - Correct Answers -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 - Correct Answers -t or f? you can show units without a property management
license
rental housing act of 1985 - Correct Answers -------- requires Rental Accommodations
Division (RAD) registration as either subject to or exempt from rent control.
rental accommodations division - Correct Answers -the rental housing act of 1985
requires ----- registration as either subject to or exempt from rent control.
Unregistered units - Correct Answers ---------- are subject to rent control.
one increase, 2%, 10% - Correct Answers -the rental housing act of 1985 prohibits
More than ------ per year for occupied properties
Rent increases greater than the consumer price index (CPI-W) plus---- with a ----- cap
consumer price index - Correct Answers -with the rental housing act of 1985 the
following is prohibited:
rent increases greater than the ------- plus 2% with a 10% cap.
hardship, capital improvements, renovations, 70% - Correct Answers -Landlords may
petition for additional increases in some cases, such as:
Demonstrated -----
Certain necessary ------ or ----
---- of tenants agree to the increase
federally, district-subsidized, four, 1975, vacant - Correct Answers -Units may be
exempt under certain limited circumstances to the rental housing act of 1985:
Federally ----- district-subsidized
Owned by natural person who has fewer than ----- units
Built after ----
------ when the act took place
buildings safe, habitable, fair housing laws - Correct Answers -landlord rights and
obligations:
Provide rental disclosures to applicants and new lessees:
Current rent and three-year rent history
Pending petitions or capital improvement surcharges
Status as rent-controlled or exempt
Housing code violations
Non-refundable application fee and security deposit amount
Pending sale information
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