Apartme - Study guides, Class notes & Summaries

CAM -Certified Apartment Manager UPDATED ACTUAL Exam Questions and CORRECT Answers Abandon - CORRECT ANSWER -is to intentionally and permanently give up, surrender, leave and desert or relinquish all interest or ownership in property, a home or other premises, or a right of way. The word is often used in situations to determine whether a resident has left his/her apartment and the property inside and does not intend to come back.

CAM -Certified Apartment Manager (Latest 2024/ 2025 Update) |Qs & As| 100% Correct| Grade A (Verified Answers) Q: As an investor advocate, your primary goals are to Answer: 1. meet financial goals of the investment 2. add value to a property Q: To meet the financial goals of an investment you must: Answer: Generate and collect income minimize economic loss control expenses Q: What information do you need in order to complete a financial analysis on a property? ...

CAM,Certified Apartment Manager Exam Review (Latest 2024/ 2025 Update) |Qs & As| 100% Correct| Grade A (Verified Answers) Q: What are the differences among mid, low, and high rise apartment buildings? Answer: A low rise has 4 stories or fewer A mid rise has 5-10 stories A high rise has more than 10 stories Q: What is a corporate apartment? Answer: A fully furnished apartment equipped with all necessary amenities. Q: 4 stories or fewer Answer: A low rise Q: Has 5-1...

CAM -Certified Apartment Manager Study Guide (Latest 2024/ 2025 Update) |Qs & As| 100% Correct| Grade A (Verified Answers) Q: What are reserve accrual for? Answer: Future large cap X improvements Q: Name 3 examples of vendors that require a license? Answer: -Elevator -Swimming Pool -A/C Q: What is an example of a fixed expense? Answer: Taxes Q: Define steering? Answer: Trying to encourage prospects to lease at a specific location based on rac...

CALP Certified Apartment Leasing Professional Study Guide 2024 (Practice Test - Certified Apartment Leasing Professional (CALP) Graded A+

CAM,Certified Apartment Manager Exam Prep (Latest 2024/ 2025 Update) |Qs & As| 100% Correct| Grade A (Verified Answers) Q: Changes in the rules, services, practices, or policies that allow individuals with disabilities equal enjoyment of housing? Answer: Accommdations Q: What is the first phase of the leasing process? Answer: Marketing and advertising Q: When criminal activity occurs on the property, what does the manager have the responsibility to do? Answer:...

CALP (Certified Apartment Leasing Professional) Study Guide

CAM Certified Apartment Manager Questions and Answers Already Graded A What are the three keys to good customer service? • Communication • Attitude • Relationships What is the cost of turnover when a resident leaves a community? • The cost of turnover is generally more then 1-2 months rent per move out. What are the 5 techniques to building rapport? • Express a genuine interest in the other person. • Be genuinely friendly • Create physical rapport • Be an active listener • Se...

CALP (Certified Apartment Leasing Professional) UPDATED Exam Questions and CORRECT Answers ACCELERATED COST RECOVERY SYSTEM (ACRS) - Ans A system of rapid depreciation of the costs of most assets for the purposes of federal income taxation. The Economic Recovery Tax Act of 1981 created ACRS. ACRS was modified under the Tax Reform Act of 1986 establishing depreciation methods for each ACRS class, depending on the Asset Depreciation Range (ADR) class life. ACCELERATED DEPRECIATION - ...

CAM CERTIFIED APARTMENT MANAGER EXAM NEWEST ACTUAL EXAM WITH COMPLETE QUESTIONS AND CORRECT VERIFIED ANSWERS (DETAILED ANSWERS) ALREADY GRADED A+ 100% GUARANTEED TO PASS CONCEPTS!!!