ACTUAL Exam Questions and CORRECT
Answers
the general task of a property manager is to - CORRECT ANSWER - produce the highest
net return for the owner while safeguarding the property
financial reporting is - CORRECT ANSWER - a fundamental responsibility of the
property manager
which of the following is cash flow - CORRECT ANSWER - net operating income minus
debt services and Reserves
a certain building has a vacancy rate above that of the General market. The most likely reason for
this is - CORRECT ANSWER - a bad market
one of the principal concerns for a manager in selecting a commercial tenant is - CORRECT
ANSWER - compatibility of the tenants business with that of other tenants
which of the following is a true statement about the Americans with Disabilities Act -
CORRECT ANSWER - it requires landlords and managers and some cases to make
changes to their facilities
what are tenant improvements - CORRECT ANSWER - alterations to a rental space made
to fit a particular tenant
one of the managers common environmental responsibilities is - CORRECT ANSWER -
arranging for environmental audits