Property manageme - Study guides, Class notes & Summaries

licensee who is affiliated with a broker in charge or a property manager in charge - Answer-Associated Licensee A sub office of a company in which full-service real estate activities are conducted and at which a broker-in-charge or property manager-in-charge is licensed to conduct real estate transactions. - Answer-branch office a wholesaler who does not take title to goods and whose function is to bring buyers and sellers together and assist in negotiation - Answer-Broker Broker who is...

DC Property Management License Certification Questions and Answers 2024 The primary responsibility of a real estate property manager is to - CORRECT ANSWER-understand and implement the owner's goals and objectives If an apartment building has 20 one bedroom units which rent for $800 per month and 30 two bedroom apartments which rent for $1500 per month, what is the Gross Potential Rental Income per month? - CORRECT ANSWER-Gross Potential Rental Income per month calculation ($800 x...

Property Management Exam Questions With Verified Answers The demand for professional property management that occurred in the late 1800's resulted primarily from - answerReshaping the urban center by building tall buildings with elevators The traditional concentration of retail property in downtown areas became decentralized as a result of - answerEvolution of the suburban shopping center The growth of shopping centers has been stimulated by - answerPopulation shifts to the suburbs All ...

When is a new Property Manager required to complete their required CE hours by? → Oct 31st / 2nd renewal date When a property manager decides to not offer their services predominately in a Jewish area of town, this illegal practice is called ? → Redlining Management personnel who reside at the property are called ? → Site Managers When is the move-in condition report NOT required ? → When there is no security deposit collected law 70-25-206 1 | P a g e | © copyright 2024/2...

Property Management Exam With Verified Answers| 100% Correct| Grade A+ The demand for professional property management that occurred in the late 1800's resulted primarily from - Reshaping the urban center by building tall buildings with elevators The traditional concentration of retail property in downtown areas became decentralized as a result of - Evolution of the suburban shopping center The growth of shopping centers has been stimulated by - Population shifts to the suburbs All of th...

Property Manager's Role - Answer achieve the objectives of the property owners; generate income for the owners; and preserve and/or increase the value of the investment property. Current Challenges as Property Manager - Answer The most recent specialty is managing REOs, bank-owned real estate, as a result of so many housing foreclosures. Real Property - Answer surface of a parcel of land and moves on to the owner's rights to the air above the surface and the soil and minerals ...

RE Property Management MC Latest 2023 Graded A BOMA: CAI: ICSC: IREM: NAA: NAIOP: SIOR: TAA: ULI: Building Owners and Managers Association Community Associations Institute International Council of Shopping Centers Institute of Real Estate Management National Apartment Association National Association of Industrial Office Parks Society of Industrial and Office REALTORS® Texas Apartment Association Urban Land Institute (non-profit) Person's whose job is to maximize the owner's ...

Property Management Unit 1 Questions and Answers Graded A+ What does a lease agreement typically outline? A) The property's historical value B) The terms and conditions of the rental arrangement C) The property's future development plans D) The owner's personal preferences Which of the following is considered a common type of residential property? A) Apartment B) Office building C) Shopping mall D) Warehouse What is the purpose of conducting tenant screenings? A) To...

Rental Property Management Comprehensive Licensing Test (2024) || With 100% Correct Solutions Rental Property Management Comprehensive Licensing Test (2024) || With 100% Correct Solutions 1. Which of the following statements respecting aspects of the British Columbia civil court system would be considered accurate? A. The next step for a disappointed litigant in a small claims dispute would be to appeal the small claims court decision to the BC Court of Appeal. B. A matter brought before ...

PM & PMIC licenses need to renewed biennially - Answer June 30th (end of state's fiscal year) Conversion - Answer to use trust funds for the purpose other than the purpose of which they are held. Unlawful use of funds. Customer - Answer a buyer, seller, landlord or tenant who uses the services of a real estate licensee but does not establish an agency relationship through a written agency agreement with the licensee's real estate brokerage firm The South Carolina Real Estate ...