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SAE PROPERTY MANAGEMENT TEXAS LEASING AND RENTAL AGREEMENTS EXAM SCRIPT 2026 FULL PRACTICE QUESTIONS AND ANSWERS

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SAE PROPERTY MANAGEMENT TEXAS LEASING AND RENTAL AGREEMENTS EXAM SCRIPT 2026 FULL PRACTICE QUESTIONS AND ANSWERS

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SAE PROPERTY MANAGEMENT TEXAS
LEASING AND RENTAL AGREEMENTS EXAM
SCRIPT 2026 FULL PRACTICE QUESTIONS
AND ANSWERS

◉ The three main types of cooperatives are: equity cooperatives,
limited equity cooperatives, and ___________ cooperatives.
Answer: Leasehold


◉ Condominiums are established under laws referred to as
___________ property acts.
Answer: Horizontal


◉ Which of the following types of properties do commercial real
estate property managers typically NOT work with?
Answer: A. Hospitality properties
B. Restaurants
C. Single-family residential
D. Retail


◉ What is the best description of a dumbbell-designed shopping
center?

, Answer: A. Two anchor stores located at opposite ends of the
complex with a strip of forward-facing stores on either side that
share a common walkway
B. Based on a straight-line with an offshoot at a right angle to
accommodate more shops
C. Can have up to 3 anchor stores, one at the top, and the others at
either end
D. A straight-line with two arms connected at right angles on either
side


◉ Which type of office building typically consists of 7 to 25 stories?
Answer: A. Low-rise
B. Mid-rise
*C. High-rise
D. Office park


◉ Which of the following types of properties do commercial real
estate property managers typically NOT work with?
Answer: A. Hospitality properties
B. Restaurants
*C. Single-family residential
D. Retail

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