SAE PROPERTY MANAGEMENT TEXAS
MAINTENANCE AND FACILITY OVERSIGHT
ASSESSMENT 2026 COMPREHENSIVE
REVIEW AND SOLUTIONS
◉ The growth of shopping centers has been stimulated by
Answer: population shifts to the suburbs
◉ Incubator spaces are most likely to be found in
Answer: research parks
◉ Which of the following types of real estate properties utilizes
more professional property managers?
Answer: Commercial
◉ If a property owner asks a property manager to manage the
property in violation of current civil rights
laws, the property manager should
Answer: terminate the management agreement
,◉ Which of the following characterizes the expansion phase in the
business cycle?
Answer: Production increases
◉ In the operating-budget, what is the name of the expenditure that
accounts for money for replacement
expenditures?
Answer: Reserve funds
◉ In market analysis, the specific goal of the property manager is to
identify major economic trends and their
Answer: effect on the value of a specific property at the manager's
particular market level
◉ Cash flow from a property is predicted by which of the following
formulas?
Answer: Anticipated revenue minus total adjusted operating
expenses and minus debt service
◉ At or just before the peak of the general business cycle,
Answer: supply surpasses demand
◉ From an economic standpoint, the rental market as a segment of
the economy
, Answer: is generally poor during a contraction phase
◉ To avoid any surprises when taking over a new property, the
manager should first
Answer: read all the leases
◉ What should the manager do if the building is 100% occupied?
Answer: Consider raising the rents
◉ A good management plan is based on a(n)
Answer: operating budget for one year
◉ A property manager acting as an agent
Answer: owes the duties of care, loyalty, obedience, accounting, and
disclosure to the principal
◉ The written agreement between the owner and the agent that
specifies the duties of each is known as a
Answer: management contract
◉ MOST property managers seek agreements with a term of at least
Answer: one year
MAINTENANCE AND FACILITY OVERSIGHT
ASSESSMENT 2026 COMPREHENSIVE
REVIEW AND SOLUTIONS
◉ The growth of shopping centers has been stimulated by
Answer: population shifts to the suburbs
◉ Incubator spaces are most likely to be found in
Answer: research parks
◉ Which of the following types of real estate properties utilizes
more professional property managers?
Answer: Commercial
◉ If a property owner asks a property manager to manage the
property in violation of current civil rights
laws, the property manager should
Answer: terminate the management agreement
,◉ Which of the following characterizes the expansion phase in the
business cycle?
Answer: Production increases
◉ In the operating-budget, what is the name of the expenditure that
accounts for money for replacement
expenditures?
Answer: Reserve funds
◉ In market analysis, the specific goal of the property manager is to
identify major economic trends and their
Answer: effect on the value of a specific property at the manager's
particular market level
◉ Cash flow from a property is predicted by which of the following
formulas?
Answer: Anticipated revenue minus total adjusted operating
expenses and minus debt service
◉ At or just before the peak of the general business cycle,
Answer: supply surpasses demand
◉ From an economic standpoint, the rental market as a segment of
the economy
, Answer: is generally poor during a contraction phase
◉ To avoid any surprises when taking over a new property, the
manager should first
Answer: read all the leases
◉ What should the manager do if the building is 100% occupied?
Answer: Consider raising the rents
◉ A good management plan is based on a(n)
Answer: operating budget for one year
◉ A property manager acting as an agent
Answer: owes the duties of care, loyalty, obedience, accounting, and
disclosure to the principal
◉ The written agreement between the owner and the agent that
specifies the duties of each is known as a
Answer: management contract
◉ MOST property managers seek agreements with a term of at least
Answer: one year
