RE Property Management MC Latest 2023 Graded A

RE Property Management MC Latest 2023 Graded A BOMA: CAI: ICSC: IREM: NAA: NAIOP: SIOR: TAA: ULI: Building Owners and Managers Association Community Associations Institute International Council of Shopping Centers Institute of Real Estate Management National Apartment Association National Association of Industrial Office Parks Society of Industrial and Office REALTORS® Texas Apartment Association Urban Land Institute (non-profit) Person's whose job is to maximize the owner's return on investment by creating an effective marketing campaign, establish rent rates, manage tenant relations, budget capital expenditures, manage risks. CPM- Certified Property Manager The primary functions of a property manager are: Accomplish the owner's objectives Maintain the physical integrity of the property Develop a plan for building adequate reserves for replacement Establish a budget and maintain fiscal control Candidates for a CPM certification must meet the criteria established by: IREM - Institute of Real Estate Management Which organization initiates research that anticipates emerging land use trends and issues, proposing creative solutions based on that research. ULI - Urban Land Institute Which organization has the Accredited Resident Manager designation? IREM - Institute of Real Estate Management For how much time must a person be a candidate to get a CPM? At least a year Which organization would you turn to in order to obtain rental forms for Texas apartment housing? TAA- Texas Apartment Association The NAA is an advocate for _______________ Quality rental housing Which organization focuses on the shopping center industry? ICSC - International Council of Shopping Centers Advisory Services Specialists, Executive Specialists, Industrial Specialists, Office Specialists, and Sales Management Specialists would be members of _______ SIOR - Society of Industrial and Office REALTORS Which of the following is not a requirement for a Certified Leasing Specialist Designation? passing a written exam 5 years experience in shopping center management continuing education fulfillment 4 out of the past 6 years as a leasing specialist 5 years experience in shopping center management Which of the following is not a required course in order to obtain the designation of Real Property Administrator (RPA) from the Building Owners and Managers Institute (BOMI)? Environmental Health and Safety Issues Real Estate Investment and Finance Law and Risk Management Law and Risk Management In order to obtain RPA, the candidate must complete 7 required courses What is the purpose of the capital reserve? To provide funds for deferred maintenance If there is a person who works for both the property own