EUNICE
DC Property Management Basics WITH 100% SURE
ANSWERS
Terms in this set (12)
"leasing, renting or offering to lease or rent, managing, marketing, and the overall
DC law defines property management as...
operation and maintenance of real estate."
"an agent for the owner of real estate in all matters pertaining to property
DC law defines a property manager as... management which are under his or her direction, and who is paid a commission, fee,
or other valuable consideration for his or her services."
"an individual responsible for the day-to-day management of a contiguous cluster of
DC law defines a resident manager as... rental real estate who serves as principal onsite representative of the contracting
property manager but who does not perform any function requiring licensure."
DC housing regulation provisions ____ _. Include interior and exterior spaces
Which of the following best describes a A person who isn't licensed, but assists with property management activities under
resident manager in DC? the supervision of the employing property manager
How can a DC real estate broker become Pay a fee
dually licensed as a property manager?
Which of the following is a current trend in Applying the condo format to other types of properties (commercial buildings,
condominium investments? industrial properties, single-family detached homes, etc)
If a DC condo unit owner misses an Make them pay the full balance immediately.
installment payment, what does the DC
Condominium Act permit the owners
association or property manager to do?
How many CE credits are required to 15
renew a property manager license in the
District of Columbia?
All DC landlords must adhere to ___ _. District of Columbia Housing Regulations
What's the main difference between a A property manager is licensed to perform all property management activities, but
property manager and a resident manager resident managers are unlicensed in property management and are limited in the
in DC? activities they can perform.
In DC, new condominium registration Any management agreements that affect the use, maintenance of, or access to the
applications must include what document condo
related to property management?
1/1
DC Property Management Basics WITH 100% SURE
ANSWERS
Terms in this set (12)
"leasing, renting or offering to lease or rent, managing, marketing, and the overall
DC law defines property management as...
operation and maintenance of real estate."
"an agent for the owner of real estate in all matters pertaining to property
DC law defines a property manager as... management which are under his or her direction, and who is paid a commission, fee,
or other valuable consideration for his or her services."
"an individual responsible for the day-to-day management of a contiguous cluster of
DC law defines a resident manager as... rental real estate who serves as principal onsite representative of the contracting
property manager but who does not perform any function requiring licensure."
DC housing regulation provisions ____ _. Include interior and exterior spaces
Which of the following best describes a A person who isn't licensed, but assists with property management activities under
resident manager in DC? the supervision of the employing property manager
How can a DC real estate broker become Pay a fee
dually licensed as a property manager?
Which of the following is a current trend in Applying the condo format to other types of properties (commercial buildings,
condominium investments? industrial properties, single-family detached homes, etc)
If a DC condo unit owner misses an Make them pay the full balance immediately.
installment payment, what does the DC
Condominium Act permit the owners
association or property manager to do?
How many CE credits are required to 15
renew a property manager license in the
District of Columbia?
All DC landlords must adhere to ___ _. District of Columbia Housing Regulations
What's the main difference between a A property manager is licensed to perform all property management activities, but
property manager and a resident manager resident managers are unlicensed in property management and are limited in the
in DC? activities they can perform.
In DC, new condominium registration Any management agreements that affect the use, maintenance of, or access to the
applications must include what document condo
related to property management?
1/1
