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RE PExam Property Management UPDATED ACTUAL Exam Questions and CORRECT Answers

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RE PExam Property Management UPDATED ACTUAL Exam Questions and CORRECT Answers A kiosk is: - CORRECT ANSWER - a free-standing information booth. The term walk-up refers to: - CORRECT ANSWER - apartments. The remedy of unlawful detainer would be used by the offended: - CORRECT ANSWER lessor. - How often may a tenant make needed repairs and deduct the amount from the rent? - CORRECT ANSWER - Twice a y

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RE PExam Property Management
UPDATED ACTUAL Exam Questions and
CORRECT Answers
A kiosk is: - CORRECT ANSWER - a free-standing information booth.



The term walk-up refers to: - CORRECT ANSWER - apartments.



The remedy of unlawful detainer would be used by the offended: - CORRECT ANSWER -
lessor.


How often may a tenant make needed repairs and deduct the amount from the rent? - CORRECT
ANSWER - Twice a year


Assume you are employed by an owner of a 20-unit apartment house, in which you reside, to
manage all 20 units. You would be known as: - CORRECT ANSWER - a resident
property manager.


A percentage lease is a lease in which the tenant pays a percentage of gross monthly receipts in
addition to a base rent. Which statement is correct regarding percentage leases? - CORRECT
ANSWER - The higher the gross receipts, the lower the percentage rate.


Under a normal month-to-month rental, how much notice must a tenant give when moving out? -
CORRECT ANSWER - 30 days



Which of the following would pay the lowest percentage lease? - CORRECT ANSWER -
A chain grocery store


Consideration paid for the use of a property is called: - CORRECT ANSWER - rent

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