DC PROPERTY MANAGERS STUDY GUIDE
QUESTIONS WITH 100- CORRECT
ANSWERS ALREADY GRADEDA+
A landlord may evict a tenant for only one of ten
statutory reasons some of those reasons include -
correct answer - Nonpayment of rent, Violation of an
obligation of tenancy, of which the tenant failed to correct
after notice; Tenant performed as illegal act within the
rental unit.
A Management Plan is made up of how many what 7
components? - correct answer - Regional Analysis,
Neighborhood Analysis, Property Analysis, Market
Analysis, Analysis of Alternatives, Proposed Property
Analysis, Investment Analysis.
A property's foreclosure in not - correct answer - A legal
basis to evict tenant. Should an eviction occur, there is no
change in tenant's rights.
A request from an owner or tenant must be made in 15
days of the 30 day expiration period allowed - correct
answer - for the tenant organization to set a date for an
,election after coordinating the date with the Conversion &
Sales Regulatory Office.
A tenant organization must set a date of election and
notify the owner within - correct answer - 30-days
Actions that could put management company and owner
at risk include: - correct answer - Improper handling of
evictions, unlawful rent collections, failure to return
security deposit, not maintaining proper compliance with
Rental Accommodations Division (RAD).
All evictions except non-payment of rent must be filed
with - correct answer - Rental Accommodations Division
(RAD)
Alternatives to consider when making different
improvements or when redeveloping a property - correct
answer - Rehabilitation without altering existing use,
Modernize the property by updating finishes, Change the
use of building, including converting to another property
type, or demolishing for new development, or Conversion
to a condo ownership structure.
An example of Functional Obsolescence is - correct
answer - Equipment that can not be repaired because
, parts are no longer manufactured; single pane window
systems that waste energy; outdated bathroom fixtures
because of changing design and taste.
An owner asks the property manager to submit an Offer
of Sale under DOPA. The property manager should submit
the offer to: - correct answer - The District of Columbia
Department of Housing and Community & Development
(DHCD).
An owner of a housing accommodation who wishes to
convert shall each tenant and to the Conversion & Sale
Regulatory Office - correct answer - A request for
election.
Another name for Tenants - correct answer - Lessee
Asset Management focuses on - correct answer - The
property's long term planning, leasing and asking rates,
negotiates commercial leases, evaluates mortgages &
opportunities to refinance the loan,considers strategies to
maximize value and when to market the property for sale.
Before marketing an available space or unit, - correct
answer - Be sure that it is clean and presentable and that
the owner has approved all marketing plans.
QUESTIONS WITH 100- CORRECT
ANSWERS ALREADY GRADEDA+
A landlord may evict a tenant for only one of ten
statutory reasons some of those reasons include -
correct answer - Nonpayment of rent, Violation of an
obligation of tenancy, of which the tenant failed to correct
after notice; Tenant performed as illegal act within the
rental unit.
A Management Plan is made up of how many what 7
components? - correct answer - Regional Analysis,
Neighborhood Analysis, Property Analysis, Market
Analysis, Analysis of Alternatives, Proposed Property
Analysis, Investment Analysis.
A property's foreclosure in not - correct answer - A legal
basis to evict tenant. Should an eviction occur, there is no
change in tenant's rights.
A request from an owner or tenant must be made in 15
days of the 30 day expiration period allowed - correct
answer - for the tenant organization to set a date for an
,election after coordinating the date with the Conversion &
Sales Regulatory Office.
A tenant organization must set a date of election and
notify the owner within - correct answer - 30-days
Actions that could put management company and owner
at risk include: - correct answer - Improper handling of
evictions, unlawful rent collections, failure to return
security deposit, not maintaining proper compliance with
Rental Accommodations Division (RAD).
All evictions except non-payment of rent must be filed
with - correct answer - Rental Accommodations Division
(RAD)
Alternatives to consider when making different
improvements or when redeveloping a property - correct
answer - Rehabilitation without altering existing use,
Modernize the property by updating finishes, Change the
use of building, including converting to another property
type, or demolishing for new development, or Conversion
to a condo ownership structure.
An example of Functional Obsolescence is - correct
answer - Equipment that can not be repaired because
, parts are no longer manufactured; single pane window
systems that waste energy; outdated bathroom fixtures
because of changing design and taste.
An owner asks the property manager to submit an Offer
of Sale under DOPA. The property manager should submit
the offer to: - correct answer - The District of Columbia
Department of Housing and Community & Development
(DHCD).
An owner of a housing accommodation who wishes to
convert shall each tenant and to the Conversion & Sale
Regulatory Office - correct answer - A request for
election.
Another name for Tenants - correct answer - Lessee
Asset Management focuses on - correct answer - The
property's long term planning, leasing and asking rates,
negotiates commercial leases, evaluates mortgages &
opportunities to refinance the loan,considers strategies to
maximize value and when to market the property for sale.
Before marketing an available space or unit, - correct
answer - Be sure that it is clean and presentable and that
the owner has approved all marketing plans.
