DC PROPERTY MANAGERS EVALUATION 2026
QUESTIONS AND ANSWERS SURE A+
✔✔Primary objectives to consider prior to any property inspection - ✔✔What will be
inspected, what is the frequency of inspection, who will conduct the inspection, how will
results be reported.
✔✔Routine Maintenance - ✔✔relates to cleaning and upkeep that is needed everyday.
✔✔General Liability - ✔✔Insurance coverage that can protect the property owner from a
variety of claims including bodily injury, property damage, and personal injury.
✔✔Excess Liability - ✔✔an umbrella policy is issued to provide coverage limits in
excess of an underlying General Liability policy.
✔✔Marketing Plan - ✔✔Is necessary for every property to find new residents or tenants
primary goals is to identify as many qualified prospects as possible.
✔✔A Management Plan is made up of how many what 7 components? - ✔✔Regional
Analysis, Neighborhood Analysis, Property Analysis, Market Analysis, Analysis of
Alternatives, Proposed Property Analysis, Investment Analysis.
✔✔Functional Obsolescence can directly imapact - ✔✔Attainable rents at a building.
✔✔Deferred Maintenance - ✔✔Involves delaying needed repairs and maintenance to
save money.
✔✔Examples of Deferred Maintenace - ✔✔Painting a corridor, sealing a leaky roof or
repairing cracks.
, ✔✔Preventative Maintenance can be defined as - ✔✔Preplanned, routine, and
systematic schedule of inspecting, maintaining and repairing a facility and its
equipment.
✔✔Examples of Preventative Maintenance include - ✔✔Inspecting a roof every six
months for damage membrane and flashing, inspection hoist cables.
✔✔Types of Property Insurance include - ✔✔Fire & extended coverage, Theft/Crime,
Boiler & Machinery, Rent Loss, & Catastrophe, Earthquake, Plate Glass, Liability,
Excess Liability.
✔✔Another name for Tenants - ✔✔Lessee
✔✔Name some components of a valid lease - ✔✔Names of Lessee, name of owner
property or agent w/ authority to lease, legal address of the premises, Statement of
rental amount, including time place of payments made, and time periods to which rent
applies.
✔✔What is the designation of the National Association of Real Estate Brokers, Inc
(Nareb)? - ✔✔Realtist
✔✔An example of Functional Obsolescence is - ✔✔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energy; outdated bathroom fixtures because of changing design and taste.
✔✔Alternatives to consider when making different improvements or when redeveloping
a property - ✔✔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.
✔✔Actions that could put management company and owner at risk include: -
✔✔Improper handling of evictions, unlawful rent collections, failure to return security
deposit, not maintaining proper compliance with Rental Accommodations Division
(RAD).
✔✔The purpose of the Budget process is to - ✔✔Develop a means to track the
property's performance and to organize various types of income. By organizing income
& expenses is easier to see trends, to determine unusual or non-recurring items.
✔✔Gross Potential Rent Income - ✔✔Is the maximum amount of income that a property
can generate from all sources.
QUESTIONS AND ANSWERS SURE A+
✔✔Primary objectives to consider prior to any property inspection - ✔✔What will be
inspected, what is the frequency of inspection, who will conduct the inspection, how will
results be reported.
✔✔Routine Maintenance - ✔✔relates to cleaning and upkeep that is needed everyday.
✔✔General Liability - ✔✔Insurance coverage that can protect the property owner from a
variety of claims including bodily injury, property damage, and personal injury.
✔✔Excess Liability - ✔✔an umbrella policy is issued to provide coverage limits in
excess of an underlying General Liability policy.
✔✔Marketing Plan - ✔✔Is necessary for every property to find new residents or tenants
primary goals is to identify as many qualified prospects as possible.
✔✔A Management Plan is made up of how many what 7 components? - ✔✔Regional
Analysis, Neighborhood Analysis, Property Analysis, Market Analysis, Analysis of
Alternatives, Proposed Property Analysis, Investment Analysis.
✔✔Functional Obsolescence can directly imapact - ✔✔Attainable rents at a building.
✔✔Deferred Maintenance - ✔✔Involves delaying needed repairs and maintenance to
save money.
✔✔Examples of Deferred Maintenace - ✔✔Painting a corridor, sealing a leaky roof or
repairing cracks.
, ✔✔Preventative Maintenance can be defined as - ✔✔Preplanned, routine, and
systematic schedule of inspecting, maintaining and repairing a facility and its
equipment.
✔✔Examples of Preventative Maintenance include - ✔✔Inspecting a roof every six
months for damage membrane and flashing, inspection hoist cables.
✔✔Types of Property Insurance include - ✔✔Fire & extended coverage, Theft/Crime,
Boiler & Machinery, Rent Loss, & Catastrophe, Earthquake, Plate Glass, Liability,
Excess Liability.
✔✔Another name for Tenants - ✔✔Lessee
✔✔Name some components of a valid lease - ✔✔Names of Lessee, name of owner
property or agent w/ authority to lease, legal address of the premises, Statement of
rental amount, including time place of payments made, and time periods to which rent
applies.
✔✔What is the designation of the National Association of Real Estate Brokers, Inc
(Nareb)? - ✔✔Realtist
✔✔An example of Functional Obsolescence is - ✔✔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.
✔✔Alternatives to consider when making different improvements or when redeveloping
a property - ✔✔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.
✔✔Actions that could put management company and owner at risk include: -
✔✔Improper handling of evictions, unlawful rent collections, failure to return security
deposit, not maintaining proper compliance with Rental Accommodations Division
(RAD).
✔✔The purpose of the Budget process is to - ✔✔Develop a means to track the
property's performance and to organize various types of income. By organizing income
& expenses is easier to see trends, to determine unusual or non-recurring items.
✔✔Gross Potential Rent Income - ✔✔Is the maximum amount of income that a property
can generate from all sources.
