Duties of the lessee Study guides, Study notes & Summaries

The highest designation bestowed on a property manager? Certified Property Manager (CPM) 3 important technological advances that occurred in the early 1900's? 1. The structural advantages of steel-framed buildings 2. The perfection of high-speed elevators 3. The continued use of the automobile Resident Managers duties include? 1. Renting units 2. Collecting rents 3. Responsibility for tenant relations 4. Maintenance 5. Supervision 6. Keeping records 7. Completing proper...

TFM08 Exam Questions And Answers 100% Verified Fire Protection Sprinkler System - answeran assembly of underground or overhead piping or conduits that conveys water with or without other agents to dispersal openings or devices to: (A) extinguish, control, or contain fire; and (B) provide protection from exposure to fire or the products of Fire protection sprinkler system contractor - answeran individual or organization that offers to undertake, represents itself as being able to undertake...

National Real Estate Exam: Leases and Property Management-Questions and Answers | 100% Correct | Latest Update 2024 Lease - Answer ️️ -Transfers possession, giving tenant right to exclusive possession of property against all other parties. Both a conveyance and contract. Lease Conveyance - Answer ️️ -It conveys a leasehold estate to a tenant Lease Contract - Answer ️️ -Gives tenant right to exclusive possession including landlord. Quiet Enjoyment - Answer ️️ -use of the pro...

Unilateral Contract - Contract containing ONE promise given in exchange for completing an act. NO obligation to act. Bilateral Contract - Contract containing TWO promises. Example: A listing agreement is a bilateral contract Client/Principal - A person who has entered into an agency relationship w/ a licensee & with whom there is a written contract Customer - Any 3rd party w/ whom a licensee works In-Company Transaction - Transaction in which the buyer and seller are both represented...

TFM 08 Test Questions & Answers | 158 Questions with 100% Correct Answers | Verified | Latest Update. Fire Protection Sprinkler System an assembly of underground or overhead piping or conduits that conveys water with or without other agents to dispersal openings or devices to: (A) extinguish, control, or contain fire; and (B) provide protection from exposure to fire or the products of Fire protection sprinkler system contractor an individual or organization that offers to undertake, represe...

REAL ESTATE REAL EXAM QUESTIONS WITH 100% CORRECT ANSWERS A buyer client in Kentucky is suing Janet for an inadvertent mistake she made in a real estate transaction. What insurance policy covers this type of situation? - ANSWER Errors and omissions insurance (E&O insurance covers licensees who are sued by consumers for inadvertent mistakes in a real estate transaction) Kentucky licensee Kylie is working with a buyer client who has a written agency agreement with Kylie's brokerag...

TFM 08 Test Questions & Answers | 158 Questions with 100% Correct Answers | Latest Update 2023/2024 (Graded A+) Responsible managing employee an individual designated by a company that plans, sells, installs, maintains, or services fire protection sprinkler systems to ensure that each fire protection sprinkler system, as installed, maintained, or serviced, meets the standards for the system as provided by law. Service maintenance, repair, or testing Applicability of Chapter (a) This chapter ...

National Real Estate Exam Prep 2023/2024 Unilateral Contract - correct answerContract containing ONE promise given in exchange for completing an act. NO obligation to act. Bilateral Contract - correct answerContract containing TWO promises. Example: A listing agreement is a bilateral contract Client/Principal - correct answerA person who has entered into an agency relationship w/ a licensee & with whom there is a written contract Customer - correct answerAny 3rd party w/ whom a licens...

Ch. 1 - Ch. 1 *Contracts may be - valid, void, voidable, or unenforceable *valid contract - is one that meets all of the requirements of law *void contract - is invalid from the beginning and does not affect the parties *voidable contract - is one that cannot be enforced against one or more of the parties *unenforceable contract - is one that cannot be enforced due to some flaw in the contract, passage of time, or other issues that make enforcement impossible ...

Hangar Area - Answer Area adjoining a facility that is used to store and/or repair aircraft. For the purpose of these Regulations, is considered part of the Secured Area. ID Badging Office - Answer The location where Airport Access Control System Airport ID Badges are issued. The O'Hare Office is located on the l o w e r l e v e l of Terminal 3 near Elevator Center 6. The Midway Office is located at the CDA Security Office, 5221 W. 55th St., on the 2nd floor. Jet Blast - Answer The ex...