SC Property Management ACTUAL FINAL EXAM 2026
|| MOST RECENT EXAM WITH COMPLETE REAL
QUESTIONS AND CORRECT ANSWERS (VERIFIED
ANSWERS) ALREADY GRADED A+|| NEWEST ACTUAL
EXAM JUST RELEASED !!! STUDY GUIDE EXAM & BEST
FOR EXAM PREP
The purpose of the South Carolina Landlord and Tenant Act is to:
ANSWERS: make it clear to residential landlords and tenants
what their respective rights and duties are and to encourage
maintenance and improvement of rental housing
3 multiple choice options
Kay rented an apartment on a 12-month lease at L&M Apartment
and
signed the lease. The office clerk told that the property
manager would have to sign the lease and she would receive it
in the mail. She was also told she could go ahead and move
into the apartment. Which of the
follow is correct?
ANSWERS: Accepting Kay's rent without reservation gives the
lease the same effect as if it had been signed by both parties
3 multiple choice options
,As long as the landlord and tenant agree in writing, the:
ANSWERS: landlord can agree to give the tenant a discount for
paying rent on time and charge a late fee if the rent is more than
five days late
3 multiple choice options
Under the Landlord and Tenant Act, if the landlord does not
comply with required obligations to return the security deposit
or to give reasons for not doing so in writing, the tenant may:
ANSWERS: obtain reasonable attorney's fees and three times the
amount wrongfully withheld
3 multiple choice options
In South Carolina, a person who manages the property of others:
ANSWERS: Must be licensed as a property manager, salesperson
or broker
3 multiple choice options
When attempting to meet the owner's objectives, the property
manager should keep in mind:
ANSWERS: increasing net income by decreasing maintenance may
have a negative effect
3 multiple choice options
,The major responsibility of the property manager is to
ANSWERS: obtain the highest possible return on the investment for
the owner
3 multiple choice options
The property manager must develop a management plan. The
purpose of the plan is to
ANSWERS: determine the optimum income potential of a property
3 multiple choice options
A cooperative is classified as
ANSWERS: residential
3 multiple choice options
In qualifying a prospective residential tenant, the most
important factor is
ANSWERS: the stability of the resident's rental history
3 multiple choice options
, Preventative maintenance should be geared toward
ANSWERS: eliminating corrective maintenance costs
3 multiple choice options
When a property manager, the the role of risk manager, buys
insurance, he/she is employing which risk management
technique?
ANSWERS: transferring the risk
3 multiple choice options
Which of the following is an example of avoiding risk in risk
management?
ANSWERS: not putting up a jungle gym in the playground
3 multiple choice options
All leases of six months or longer must be in writing to be
enforceable.
ANSWERS: False
1 multiple choice option
|| MOST RECENT EXAM WITH COMPLETE REAL
QUESTIONS AND CORRECT ANSWERS (VERIFIED
ANSWERS) ALREADY GRADED A+|| NEWEST ACTUAL
EXAM JUST RELEASED !!! STUDY GUIDE EXAM & BEST
FOR EXAM PREP
The purpose of the South Carolina Landlord and Tenant Act is to:
ANSWERS: make it clear to residential landlords and tenants
what their respective rights and duties are and to encourage
maintenance and improvement of rental housing
3 multiple choice options
Kay rented an apartment on a 12-month lease at L&M Apartment
and
signed the lease. The office clerk told that the property
manager would have to sign the lease and she would receive it
in the mail. She was also told she could go ahead and move
into the apartment. Which of the
follow is correct?
ANSWERS: Accepting Kay's rent without reservation gives the
lease the same effect as if it had been signed by both parties
3 multiple choice options
,As long as the landlord and tenant agree in writing, the:
ANSWERS: landlord can agree to give the tenant a discount for
paying rent on time and charge a late fee if the rent is more than
five days late
3 multiple choice options
Under the Landlord and Tenant Act, if the landlord does not
comply with required obligations to return the security deposit
or to give reasons for not doing so in writing, the tenant may:
ANSWERS: obtain reasonable attorney's fees and three times the
amount wrongfully withheld
3 multiple choice options
In South Carolina, a person who manages the property of others:
ANSWERS: Must be licensed as a property manager, salesperson
or broker
3 multiple choice options
When attempting to meet the owner's objectives, the property
manager should keep in mind:
ANSWERS: increasing net income by decreasing maintenance may
have a negative effect
3 multiple choice options
,The major responsibility of the property manager is to
ANSWERS: obtain the highest possible return on the investment for
the owner
3 multiple choice options
The property manager must develop a management plan. The
purpose of the plan is to
ANSWERS: determine the optimum income potential of a property
3 multiple choice options
A cooperative is classified as
ANSWERS: residential
3 multiple choice options
In qualifying a prospective residential tenant, the most
important factor is
ANSWERS: the stability of the resident's rental history
3 multiple choice options
, Preventative maintenance should be geared toward
ANSWERS: eliminating corrective maintenance costs
3 multiple choice options
When a property manager, the the role of risk manager, buys
insurance, he/she is employing which risk management
technique?
ANSWERS: transferring the risk
3 multiple choice options
Which of the following is an example of avoiding risk in risk
management?
ANSWERS: not putting up a jungle gym in the playground
3 multiple choice options
All leases of six months or longer must be in writing to be
enforceable.
ANSWERS: False
1 multiple choice option
