Recent Exam 2026 Actual Complete Real Exam Questions
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In an office building, who is responsible for complying with
ADA accessibility
requirements in
each
individual office? - ANSWER-
Building owner
High tenant turnover means increases for the landlord in -
ANSWER-advertising
expenses
In which type of property is inspection of the premises with a
new tenant the
MOST important? - ANSWER-
Residential
An apartment building of 75 units, each leased at $600 per
month, enjoyed full
occupancy. The
property
manager then instituted a 10% rent increase, and five tenants
moved out. The
,month after the
change, the
gross rental income - ANSWER-increased
by $1,200
The time between the rent due date and the
announcement of action for
recovery should be - ANSWER-a fixed,
determined period
What form should the manager use when inspecting the
property after the
tenant has vacated? - ANSWER-Move in/move-
out checklist
What is the first step to the establishment of good tenant
relations? - ANSWER-
Join inspection of the premises by manager and tenant
before move-in
The MOST critical factor in determining whether and how
much of a rent
increase to make is - ANSWER-the total net increase in
income after
accounting for move-outs due to the
increase
Three copies of an eviction notice should be prepared - one for
the tenant, one
, for the manager's
attorney,
and the third for the - ANSWER-
manager's file
In most states, detailed and stringent security deposit statutes
have been passed. Which of the following is
a provision of these statutes? - ANSWER-The landlord must
itemize the deductions in a written agreement
The addition of a sauna to the common area of a multitenant
development
would be an example of - ANSWER-new
construction
A type of construction that proceeds as plans are being
drawn is called -
ANSWER-fast-
track
Life-cycle costing - ANSWER-considers both initial and
operating costs over the
useful life of
equipment
The hiring and firing of maintenance personnel should be the
responsibility of
the - ANSWER-property
manager