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30-HOUR PA FUNDAMENTALS COURSE EXAM PREP NEWEST ACTUAL EXAM TEST BANK WITH ACCURATE QUESTIONS AND DETAILED ASNWERS GRADED A | BRAND NEW!!! $18.49
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30-HOUR PA FUNDAMENTALS COURSE
EXAM PREP NEWEST ACTUAL EXAM
TEST BANK WITH ACCURATE
QUESTIONS AND DETAILED ASNWERS
GRADED A | BRAND NEW!!!
A critical task for a property manager is the supervision of the
property's maintenance. There are basically three types of
maintenance:
Preventive maintenance
Corrective maintenance
Construction
The property manager must set up and maintain proper
records, making regular reports, called __________ reports, to
the owner that are easily understandable and that cover all
operations.
property management
,A property manager should provide the owner with: (2 things)
Monthly and annual account statements
Delinquent account reports
When the agent meets with the sellers, he or she should share
important information on the following topics: (5 things)
Homeowner Tips
Activity Reports
Showings
Advertising Plan
Preparing for Offers
Homeowner tips should be __________ and include
information about the cosmetic aspects of the exterior and
interior of the home.
written
,Which budget forecasts income and expenses that can be
projected over a short period of time, usually five years?
a stabilized budget
The Institute for Real Estate Management (IREM) was created
as a subsidiary group of __________.
National Association of REALTORS®
Managing brokers have a responsibility to comply with
__________ laws.
fair housing
When did Fair Housing law first begin and what did it
accomplish?
with the Civil Rights Act of 1866 which prohibited
discrimination in housing based on race
, __________ is an illegal act in which a real estate licensee
places client or customer funds with his or her own personal
funds.
commingling
The sponsoring broker must keep all escrow moneys on deposit
in an escrow account until a transaction is __________ or
__________.
consummated or terminated
If any disputes between parties arise regarding escrow money,
the sponsoring broker should continue to "hold" the money
until one of the following happens: (3 things)
sponsoring broker receives written release from both parties
interpleader action filed
funds given to State Treasurer and become unclaimed
property
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