DC Property Manager Exam Review (Latest 2026/2027 Update) Questions with Verified Answers | 100% Correct | Graded A+

DC Property Manager Exam Review (Latest
2026/2027 Update) Questions with Verified
Answers | 100% Correct | Graded A+
Question:

General Liability? i,-




Answer:

Insurance coverage that can protect the property owner from a variety of
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claims including bodily injury, property damage, and personal injury.
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Question:

Excess Liability? i,-




Answer:
an umbrella policy is issued to provide coverage limits in excess of an
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underlying General Liability policy. i,- i,- i,-




Question:

Marketing Plan? i,-




Answer:
Is necessary for every property to find new residents or tenants primary
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goals is to identify as many qualified prospects as possible.
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,Question:

A Management Plan is made up of how many what 7 components??
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Answer:

Regional Analysis, Neighborhood Analysis, Property Analysis, Market
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Analysis, Analysis of Alternatives, Proposed Property Analysis, Investment
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Analysis.




Question:

Functional Obsolescence can directly imapact?
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Answer:

Attainable rents at a building.
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Question:

Deferred Maintenance?
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Answer:

Involves delaying needed repairs and maintenance to save money.
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Question:

,Examples of Deferred Maintenace?
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Answer:

Painting a corridor, sealing a leaky roof or repairing cracks.
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Question:

Preventative Maintenance can be defined as?
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Answer:

Preplanned, routine, and systematic schedule of inspecting, maintaining
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and repairing a facility and its equipment.
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Question:

Examples of Preventative Maintenance include?
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Answer:
Inspecting a roof every six months for damage membrane and flashing,
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inspection hoist cables. i,- i,-




Question:

Types of Property Insurance include?
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Answer:

Fire & extended coverage, Theft/Crime, Boiler & Machinery, Rent Loss, &
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Catastrophe, Earthquake, Plate Glass, Liability, Excess Liability.
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, Question:

Another name for Tenants? i,- i,- i,-




Answer:

Lessee




Question:

Name some components of a valid lease?
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Answer:
Names of Lessee, name of owner property or agent w/ authority to lease,
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legal address of the premises, Statement of rental amount, including time
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place of payments made, and time periods to which rent applies.
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Question:

What is the designation of the National Association of Real Estate Brokers,
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Inc (Nareb)??
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Answer:

Realtist




Question: