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Chapter 47 - Property Management Agreements Questions And Answers With Verified Solutions 100% Correct!!! $13.49   Add to cart

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Chapter 47 - Property Management Agreements Questions And Answers With Verified Solutions 100% Correct!!!

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  • Certified Professional Property Specialist
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  • Certified Professional Property Specialist

Chapter 47 - Property Management Agreements Questions And Answers With Verified Solutions 100% Correct!!!

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  • November 20, 2024
  • 1
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Certified Professional Property Specialist
  • Certified Professional Property Specialist
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Chapter 47 - Property Management
Agreements Questions And Answers
With Verified Solutions 100% Correct!!!
Which IREM designation is reserved for individuals who meet a certain level of
education and experience - ANSWER✔✔ CPM

Which of the following groups is not a professional property management trade
organization - ANSWER✔✔ Commercial Land council

Which of the following would not be found in a management agreement? -
ANSWER✔✔ Tenant credit histories

What task takes up the majority of a proeprty manager's time? - ANSWER✔✔
Physically managing the property

Which of these usually contributes to the property manager's fee? - ANSWER✔✔
percentage of rental income

What is a budget that includes income and expenses for ongoing operations? -
ANSWER✔✔ Operating

What does the management agreement create? - ANSWER✔✔ General agency

Which of these functions is not performed by a property manager? - ANSWER✔✔
Preparing the property deed

What is a property manager's first responsibility to the owner? - ANSWER✔✔
Realize maximum profit

Which of the following would be considered as corrective maintenance? -
ANSWER✔✔ Replace a defective water heater

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