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Specialty Area Questions And Answers With Verified Solutions Rated A+
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  • Certified Professional Property Specialist
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  • Certified Professional Property Specialist

Specialty Area Questions And Answers With Verified Solutions Rated A+

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Document information

  • November 20, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • specialty area questions and answers with verifie
  • a property management contract is between the prop
  • property management agreements usually represent

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  • Certified Professional Property Specialist
  • Certified Professional Property Specialist

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classhub

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Specialty Area Questions And Answers
With Verified Solutions Rated A+
a property management contract is between the property manager and:


1. his or her employees
2. the owner of the property
3. the tenants
4. all of the above - ANSWER✔✔ the owner of the property


property management agreements usually represent:


1. general agency
2. special agency
3. dual agency
4. universal agency - ANSWER✔✔ general agency


to be a professional property manager of a large apartment complex, one would
need to know about all of the following EXCEPT:


1. property maintenance
2. property insurance
3. human relations
4. appraisal techniques - ANSWER✔✔ appraisal techniques


in terms of management, PUDs most clearly resemble:

, 1. leasing
2. cooperative ownership
3. condo ownership
4. time share ownership - ANSWER✔✔ condo ownership


paul property owner makes significant improvements to a lot he has been holding
for seven years. what is most likely to be true regarding pauls improvements?


1. pauls land will increase in value
2. pauls land will decrease in value
3. paul is developing a subdivision
4. either 1 or 2 - ANSWER✔✔ either 1 or 2


industrial property includes all of the following uses except:


1. mines
2. warehouses
3. ranches
4. vacant lots - ANSWER✔✔ ranches


for tax purposes, which of the following deductions is a homeowner allowed if he
only uses his residence as a home?


1. depreciation
2. principal payments

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