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DC PROPERTY MANAGER EXAM LATEST WITH ACTUAL QUESTIONS AND CORRECT VERIFIED ANSWERS ALREADY GRADED A+ 100%GUARANTEED PASS! $22.99
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DC PROPERTY MANAGER EXAM LATEST WITH ACTUAL QUESTIONS AND CORRECT VERIFIED ANSWERS ALREADY GRADED A+ 100%GUARANTEED PASS!

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DC PROPERTY MANAGER EXAM LATEST WITH ACTUAL QUESTIONS AND CORRECT VERIFIED ANSWERS ALREADY GRADED A+ 100%GUARANTEED PASS!

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  • December 13, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • DC PROPERTY MANAGER
  • DC PROPERTY MANAGER

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By: jugonzalez11 • 1 month ago

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DC PROPERTY MANAGER EXAM LATEST WITH
ACTUAL QUESTIONS AND CORRECT VERIFIED
ANSWERS ALREADY GRADED A+ 100%GUARANTEED
PASS!
Management Plan - (answers)1. Current use

2. Current condition

3. Fiscal projections

4. Operational issues



Market Analysis - (answers)Regional and neighborhood evaluation focusing on:

1. Demographic conditions

2. Geographic features

3. Governmental perspective

4. Existing real estate supply

5. Future developments

6. Tenant demand



Analysis of Alternatives - (answers)Theoretical costs and potential for rent increase based on
decision to:

1. Modernize

2. Rehabilitate

3. Change

4. Convert



Capital Expenditures - (answers)Projects that help extend a properties useful life.

, Three Types of Obsolescence - (answers)1. Physical Obsolescence is characterized as a
condition of aging (i.e. wear and tear) or deferred maintenance.

2. Functional Obsolescence is characterized by old or outdated designs or building systems.

3. Economic Obsolescence represents a loss in value due to outside forces (i.e. location, market
conditions).



Five Types of Property Values - (answers)1. Investment Value - This is the value that is
generally used by investors. It is frequently determined either by calculating the Net Operating
Income and applying a Capitalization Rate to it or from Cash Flow by determining the Return on
Investment.

2. Assessed Value - This is the value used by government tax assessment offices. Since it is
frequently determined using sophisticated mathematical models that are applied to many similar
types of properties over a geographic area, it can be less accurate and produce results that are
higher or lower than other types of "values".

3. Market Value - This is the value that is agreed to between a buyer and seller. It represents the
"meeting of the minds".

4. Depreciated Value - This is used for income tax purposes and affects a property's tax basis. In
the past, the Federal Government has implemented accelerated depreciation programs to help
promote economic growth.

5. List price - This is only the price that the owner has offered to sell a property for.



Rules of Ethics - (answers)1. Loyalty to the client

2. Confidentiality

3. Accurate accounting and reporting

4. Protection of owner's funds

5. Conflicts of interest

6. Compliance with Laws and Regulations



Management Agreement - (answers)A formal and binding contract that establishes the authority
and responsibilities that the manager has on behalf of the owner and in operating the property. It

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