CAM TEST QUESTIONS AND VERIFIED Answers
100% Guarantee Pass 2026/2027
When does management have the right of entry? - CORRECT ANSWERS -Resident
and management needs
-Establish policy
- Limiting liability
-Notification for non-emergency entry
-Emergencies
-Inspections and repairs
-Denied entry
What are the requirements of common law? - CORRECT ANSWERS -Negligence
-Implied Warrant of Habitability
-Lack of Habitability
What does ERISA stand for? - CORRECT ANSWERS Employee Retirement Income
Security Act
Define Market Segmentation - CORRECT ANSWERS -maximize resources
-tailor to market
-more defined market frofile
The 1964 Fair Housing protects what? - CORRECT ANSWERS -Race
-Color
-Religion
-National Origin
-Sex
-Familial Status
-Handicap
What is the minimum number of required bids? - CORRECT ANSWERS 3
What are the five P's? - CORRECT ANSWERS -Place
-Price
-Product
-People
-Promotion
What should be the main focus of an effective incentive program? - CORRECT
ANSWERS Job performance
, True or False: Someone with HIV is a protected class. - CORRECT ANSWERS True
ADA provision to title III is what? - CORRECT ANSWERS ADA- leasing office area
must meet requirements
What is HOPA? - CORRECT ANSWERS HOPA eliminates the requirement that 55
and older have significant facilities and servicing designed for elderly.
What year was HOPA established? - CORRECT ANSWERS 1995
What did the 1988 Act add? - CORRECT ANSWERS -Familial Status
-Individual with disabilities
Qualifying for modification requires? - CORRECT ANSWERS -Oral or written request
-verification
(if obvious- none are required) If not obvious verification required
Who can verify accomodations for modifications? - CORRECT ANSWERS -Doctor, or
medical professor
-Third Party case worker
-Therapist
True or False: Someone addicted to drugs is a protected class - CORRECT ANSWERS
False
Valid proof of income? - CORRECT ANSWERS -most recent pay stub
-previous years W2
-Three months worth of bank statements
What are reserve accrual for? - CORRECT ANSWERS Future large cap X
improvements
Name 3 examples of vendors that require a license? - CORRECT ANSWERS -
Elevator
-Swimming Pool
-A/C
What is an example of a fixed expense? - CORRECT ANSWERS Taxes
Define steering? - CORRECT ANSWERS Trying to encourage prospects to lease at a
specific location based on race, marital status or age.
Ways to meet OSHA guidelines? - CORRECT ANSWERS -monthly safety meetings
-provide healthy and safe work environment
-file and keep all documentation of safety meetings
100% Guarantee Pass 2026/2027
When does management have the right of entry? - CORRECT ANSWERS -Resident
and management needs
-Establish policy
- Limiting liability
-Notification for non-emergency entry
-Emergencies
-Inspections and repairs
-Denied entry
What are the requirements of common law? - CORRECT ANSWERS -Negligence
-Implied Warrant of Habitability
-Lack of Habitability
What does ERISA stand for? - CORRECT ANSWERS Employee Retirement Income
Security Act
Define Market Segmentation - CORRECT ANSWERS -maximize resources
-tailor to market
-more defined market frofile
The 1964 Fair Housing protects what? - CORRECT ANSWERS -Race
-Color
-Religion
-National Origin
-Sex
-Familial Status
-Handicap
What is the minimum number of required bids? - CORRECT ANSWERS 3
What are the five P's? - CORRECT ANSWERS -Place
-Price
-Product
-People
-Promotion
What should be the main focus of an effective incentive program? - CORRECT
ANSWERS Job performance
, True or False: Someone with HIV is a protected class. - CORRECT ANSWERS True
ADA provision to title III is what? - CORRECT ANSWERS ADA- leasing office area
must meet requirements
What is HOPA? - CORRECT ANSWERS HOPA eliminates the requirement that 55
and older have significant facilities and servicing designed for elderly.
What year was HOPA established? - CORRECT ANSWERS 1995
What did the 1988 Act add? - CORRECT ANSWERS -Familial Status
-Individual with disabilities
Qualifying for modification requires? - CORRECT ANSWERS -Oral or written request
-verification
(if obvious- none are required) If not obvious verification required
Who can verify accomodations for modifications? - CORRECT ANSWERS -Doctor, or
medical professor
-Third Party case worker
-Therapist
True or False: Someone addicted to drugs is a protected class - CORRECT ANSWERS
False
Valid proof of income? - CORRECT ANSWERS -most recent pay stub
-previous years W2
-Three months worth of bank statements
What are reserve accrual for? - CORRECT ANSWERS Future large cap X
improvements
Name 3 examples of vendors that require a license? - CORRECT ANSWERS -
Elevator
-Swimming Pool
-A/C
What is an example of a fixed expense? - CORRECT ANSWERS Taxes
Define steering? - CORRECT ANSWERS Trying to encourage prospects to lease at a
specific location based on race, marital status or age.
Ways to meet OSHA guidelines? - CORRECT ANSWERS -monthly safety meetings
-provide healthy and safe work environment
-file and keep all documentation of safety meetings
