DC PROPERTY MANAGER EXAM / NEWEST DC PROPERTY
MANAGER ACTUAL EXAM 2026 COMPLETE ACCURATE
EXAM REAL QUESTIONS AND CORRECT DETAILED
ANSWERS (100% CORRECT VERIFIED SOLUTIONS) LATEST
UPDATED VERSION |GUARANTEED PASS A+ (BRAND NEW!)
FULL REVISED
What are the four categories related to Maintenance?
Answer- Curative, deferred, routine & preventative
Curative maintenance
Answer- involves fixing or repairing something after it has
already broken
ex. fixing a broken sink faucet
Deferred maintenance
Answer- an ordinary maintenance item that is not performed at
the time when a problem is discovered
ex. when manager notices some minor paint peeling in a
stairwell, but delays hiring a painter until more painting work is
needed
,Routine maintenance
Answer- relates to the cleaning and upkeep that is needed every
day ex. vacuuming the carpet in the building hallways
Preventative maintenance
Answer- a planned activity that is routinely performed with the
intention of extending the useful life of the building and its
equipment; helps to protect the property from unforeseen risks
or potential equipment failures, can reduce the likelihood of
term-53costly emergency services and may increase tenant
satisfaction
Rules of ethics for property manager
Answer- Loyalty to client, confidentiality, accurate accounting
& reporting, protection of owner's funds, conflicts of interest,
and compliance with law regulations.
An owner can be directly affected by manager's ...
Answer- Improper handling of evictions, unlawful rent
collections, failure to return security deposits, not maintaining
,proper compliance with the Rental Accommodations Division
(RAD)
Vacancy & credit loss
Answer- when actual income collected is less than gross
potential income (typically a commercial lease)
Cash flow
Answer- is the amount of money that remains after debt service
is subtracted from Net operating income;
Chart of accounts
Answer- is utilized to classify each of the different types of
income and expenses
What are the objectives of a Maintenance Plan?
Answer- Implement & accomplish the owner's objectives,
increase resident/tenant satisfaction rates, reduce operating
costs, optimize the property's physical capabilities, increase the
, property's value, providing safety of tenants, residents, visitors,
and employees.
General liability
Answer- Insurance coverage that can protect the property owner
from a variety of claims including bodily injury, property
damage and personal injury.
Excess liability
Answer- An umbrella policy is issued to provide coverage limits
in excess of an underlying general liability policy
A management plan is made up of what components?
Answer- Regional analysis, neighborhood analysis, property
analysis, market analysis, analysis of alternatives, proposed
property analysis, investment analysis
Functional obsolescence can directly impact ...
Answer- attainable rents at a building
MANAGER ACTUAL EXAM 2026 COMPLETE ACCURATE
EXAM REAL QUESTIONS AND CORRECT DETAILED
ANSWERS (100% CORRECT VERIFIED SOLUTIONS) LATEST
UPDATED VERSION |GUARANTEED PASS A+ (BRAND NEW!)
FULL REVISED
What are the four categories related to Maintenance?
Answer- Curative, deferred, routine & preventative
Curative maintenance
Answer- involves fixing or repairing something after it has
already broken
ex. fixing a broken sink faucet
Deferred maintenance
Answer- an ordinary maintenance item that is not performed at
the time when a problem is discovered
ex. when manager notices some minor paint peeling in a
stairwell, but delays hiring a painter until more painting work is
needed
,Routine maintenance
Answer- relates to the cleaning and upkeep that is needed every
day ex. vacuuming the carpet in the building hallways
Preventative maintenance
Answer- a planned activity that is routinely performed with the
intention of extending the useful life of the building and its
equipment; helps to protect the property from unforeseen risks
or potential equipment failures, can reduce the likelihood of
term-53costly emergency services and may increase tenant
satisfaction
Rules of ethics for property manager
Answer- Loyalty to client, confidentiality, accurate accounting
& reporting, protection of owner's funds, conflicts of interest,
and compliance with law regulations.
An owner can be directly affected by manager's ...
Answer- Improper handling of evictions, unlawful rent
collections, failure to return security deposits, not maintaining
,proper compliance with the Rental Accommodations Division
(RAD)
Vacancy & credit loss
Answer- when actual income collected is less than gross
potential income (typically a commercial lease)
Cash flow
Answer- is the amount of money that remains after debt service
is subtracted from Net operating income;
Chart of accounts
Answer- is utilized to classify each of the different types of
income and expenses
What are the objectives of a Maintenance Plan?
Answer- Implement & accomplish the owner's objectives,
increase resident/tenant satisfaction rates, reduce operating
costs, optimize the property's physical capabilities, increase the
, property's value, providing safety of tenants, residents, visitors,
and employees.
General liability
Answer- Insurance coverage that can protect the property owner
from a variety of claims including bodily injury, property
damage and personal injury.
Excess liability
Answer- An umbrella policy is issued to provide coverage limits
in excess of an underlying general liability policy
A management plan is made up of what components?
Answer- Regional analysis, neighborhood analysis, property
analysis, market analysis, analysis of alternatives, proposed
property analysis, investment analysis
Functional obsolescence can directly impact ...
Answer- attainable rents at a building
