100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Property Management Mock Exam 4 Questions And Answers With Verified Solutions 100% Correct Latest Updated 2024 $15.99   Add to cart
Quickly navigate to
Preview
  2.  
  3. Certified Professional Property Specialist
  4.  
  5. Certified Professional Property Specialist

Exam (elaborations)

Property Management Mock Exam 4 Questions And Answers With Verified Solutions 100% Correct Latest Updated 2024
 4 views  0 purchase
  • Course
  • Certified Professional Property Specialist
  • Institution
  • Certified Professional Property Specialist

Property Management Mock Exam 4 Questions And Answers With Verified Solutions 100% Correct Latest Updated 2024

Preview 1 out of 4  pages

Document information

  • November 19, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • property management mock exam 4 questions and answ
  • what invention primarily contributed to the dema
  • which organization awards the designation certifi

Written for

  • Certified Professional Property Specialist
  • Certified Professional Property Specialist

Seller

avatar-seller
classhub

Reviews received

Content preview

Property Management Mock Exam 4
Questions And Answers With Verified
Solutions 100% Correct Latest Updated
2024
1. What invention primarily contributed to the demand for professional
property management at the end of the 19th century?
Answer: The invention of the high-speed elevator, along with steel-frame
buildings and the development of suburban areas.

2. Which organization awards the designation "Certified Property Manager"
(CPM)?
Answer: The Institute of Real Estate Management (IREM).

3. Which of the following best defines real property?
Answer: Land, including its subsurface and airspace above, as well as all
improvements (such as buildings, streets, and utilities).

4. What are the two principal categories of commercial real estate?
Answer: Office property and retail property.

5. What major factor contributed to the decline of centralized commercial
districts?
Answer: The development of suburban areas, aided by improvements in
transportation.

6. What personal characteristics should a property manager have, in addition
to knowledge and experience?
Answer: Honesty and integrity.

7. What is the consequence if people cannot afford to buy housing in areas
with rising prices?
Answer: There will be a greater demand for rental properties.

8. In a market analysis, what is the specific goal of a property manager?
Answer: To identify major economic trends and their effect on the value of the
specific property at the manager’s market level.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller classhub. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $15.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

60434 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$15.99
  • (0)
  Add to cart