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NAA Apartment Management Licensure Mock Exam and Expert Solutions

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Elevate your property management career and secure your national industry credentials with this brand-new 120 question and answer study bundle optimized for the 2026/2027 cycle. This comprehensive resource provides actual exam questions from the NAA Certified Apartment Manager (CAM) assessment, paired with expert-vetted answers and detailed operational rationales. Lock in your elite A+ grade by mastering key concepts in multifamily marketing, property financial management, fair housing compliance, and residential maintenance operations.

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1|Page


CAM – CERTIFIED APARTMENT MANAGER
EXAM 2025/2026 ACTUAL EXAM QUESTIONS
AND CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) ALL ANSWERED {120 Q & A}
ALREADY GRADED A+ | BRAND NEW!



A property was purchased for $2,000,000 with a downpayment of
$500,000. With the annual GPR is $400,000, VAC IS 5% and OI is
$15,000. What is the EGI?
A. $365,000
B. $380,000
C. $395,000
D. $1,500,000 - ✔✔✔ Correct Answer > c. $395,000


When a prospective resident's application is approved, what
element of contract is being fulfilled?


A. Offer
B. Acceptance
C. Consideration
D. Capacity - ✔✔✔ Correct Answer > A. Offer

,2|Page




Which reason BEST describes why it is important for an
apartment manager to paraphrase a resident's remarks during a
conversation?


A. It provides the resident with information that he/she might not
have known
B. It reinforces that the resident is in control and directing the
conversation.
C. It helps avoid miscommunication and shows that the
apartment cares about the residents
D. It gives the resident a sense of whether the apartment
manager agrees or disagrees with the information - ✔✔✔ Correct
Answer > C. It helps avoid miscommunication and shows that the
apartment manager cares about the resident


Which pair of characteristics best describe relationship selling?


A. Aggressive and urgent
B. Defined and professional
C. Flexible and Individualized
D. Quick and consistent - ✔✔✔ Correct Answer > C. Flexible and
Individualized

,3|Page


Which term is BEST defined as current and potential resident
who want to live an an apartment community and who are
qualified to live there?
A. prospects
B stakeholders
C. Market
D. Regions - ✔✔✔ Correct Answer > C.Market


What is the primary goal of a sales promotion?
A. to expand the market area
B. to promote a positive image
C. to increase sales
D. to provide information - ✔✔✔ Correct Answer > C. to increase sales


Retrofitting involves replacing worn or less efficient equipment
with:
A. Refurbished or recertified equipment
B. Vintage equipment with the appeal
C. Equipment of the identical size and era
D. New energy-saving equipment - ✔✔✔ Correct Answer > D. New
energy-saving equipment

, 4|Page


Which information must be identified in the description of work
for a service request?
A. location of the work
B. person requesting the work
C. budget allotment for the work
D. Materials needed to complete the work - ✔✔✔ Correct Answer > A.
location of the work


What is the primary purpose of the bidding process when
contracting work?
A. to ensure work requirements are exceeded
b. To get the work completed at the lowest cost
C. To reduce time needed before the work is started
D. to select the best contractor for the work - ✔✔✔ Correct Answer >
D. to select the best contractor for the work


Who is ultimately responsible for the market-ready condition of
the property?
A. Resident
B. leasing professional
C. Maintenance supervisor
D. Community manager - ✔✔✔ Correct Answer > D. Community
manager

Document information

Uploaded on
October 17, 2026
Number of pages
36
Written in
2026/2027
Type
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Contains
Questions & answers
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