Unit 12 end of chapter Exam Quiz Questions and Correct Answers
Apartment rental rates are usually expressed...
- in monthly amounts.
- On a per room basis.
- in square feet per month - Answer-Apartment rental rates are usually expressed in monthly amounts
p338
Which of the following might suggest that rents are too low?
- Poorly maintained building.
- Many for lease signs in the area.
- High occupancy rate - Answer-High occupancy rate might suggest that rents are too low.
p338
A property manager is usually responsible for
I. developing a budget and controlling expenses.
II. communicating with the owner about physical problems with the building. - Answer-Both I. And II.
p333
an active real estate license will be needed at the property manager is...
Apartment rental rates are usually expressed...
- in monthly amounts.
- On a per room basis.
- in square feet per month - Answer-Apartment rental rates are usually expressed in monthly amounts
p338
Which of the following might suggest that rents are too low?
- Poorly maintained building.
- Many for lease signs in the area.
- High occupancy rate - Answer-High occupancy rate might suggest that rents are too low.
p338
A property manager is usually responsible for
I. developing a budget and controlling expenses.
II. communicating with the owner about physical problems with the building. - Answer-Both I. And II.
p333
an active real estate license will be needed at the property manager is...
