MPSA CPM Exam Preparation Tutorial Guide - Full Answer Key Verified

MPSA CPM Exam Preparation Tutorial Guide - Full Answer Key Verified A management plan consists of two types of midstream analyses: 1. 2. - answer - 1. As Is Analysis 2. Alternative Analysis 3 Parts of the As Is Analysis 1. 2. 3. - answer - 1. Property Analysis 2. Financial Analysis 3. Market Analysis 2 Parts of the property analysis portion of the As Is Analysis - answer - 1. Physical Description 2. Management Description 4 parts of the financial analysis of the As Is Analysis - answer - 1. Operating History and Pro Forma 2. Current Market Value and Equity 3. Loan Analysis 4. Four Tests: cash on cash, value enhancement, NPV, and IRR 3 parts of the market analysis of the As Is Analysis - answer - 1. Region Analysis 2. Neighborhood Analysis 3. Marketing Plan This is essentially a "mini plan." It should be 2-3 pages long and should restate the key points of each section of the plan. - answer - Executive Summary 1st part of the executive summary includes: - answer - owner, goals, and property 2nd part of the executive summary includes: - answer - summaries of the keys points of each section in the 1st paragraph Conclusion of the executive summary includes: - answer - final recommendation for ownership Define: Amount of space available in the market - answer - Supply Define: Net change in the amount of occupied space from one period to the next - answer - Absorption Define: Occupancy rate at which rents are just sufficient to cover expenses and debt service - answer - Break-Even Point Define: Amount of occupied space and vacancy expected when market rents are stable - answer - Demand Define: A building's percentage of the total supply in the area - answer - Market Share Which of the following are types of rent setting methods? - answer - A & B The ________________ of an advertising medium should be the largest possible amount of prospects within the target market - answer - reach What report logs each prospect's visit to a property or contact had with that prospect? - answer - Traffic Report Which law protects public from aggressive third party debt collectors? - answer - Fair Debt Collection Practices Act Which law prevents discrimination based on race, color, religion, origin, sec, handicap, and familial status? - answer - Fair Housing Which law requires landlord to inform an applicant if a credit bureau will be investigating them? - answer - Fair Credit Reporting Act Which law curbs identity theft by governing the use of credit reports and personal data? - answer - Fair and Accurate Credit Transactions Act Which law sets the rights and responsibilities of landlords and tenants at a state and local level? - answer - Landlord-Tenant Law Which of the following are behavioral interview questions? Select all that apply. 1. Tell me about a time when you had to deal with a nonpayment of rent situation 2. What are the steps to update a property's twitter feed? 3. How did you handle multitasking at your last job? 4. Tell me how you would deal with a dissatisfied tenant. 5. What is the procedure for fixing a leaking faucet? - answer - 1, 2, 3 This approach to discipline involves the employee participating in coming up with solutions to the problem. - answer - Positive Discipline A ________________ provides a job candidate with honest and complete information about the position and work environment so that they can make informed decisions about their suitability for the job. - answer - realistic job preview Self awareness and self regulation are components of: - answer - Emotional Intelligence Law that prohibits discrimination on basis of race, color, national origin, religion and gender - answer - Title VII of the Civil Rights Act Law that prohibits discrimination in employment for persons age 40 and over - answer - Age Discrimination Act Law that prohibits discrimination against a qualified individual with a disability - answer - Americans with Disabilities Act This was added to Title VII to prohibit discr