Champions TX Property Management SAE.pdf file:///C:/Users/HP/Desktop/New%20folder%20(2)/Champions%20
Champions TX Property Management SAE
Questions & Answers
1. The demand for professional property management that occurred in the late
1800s resulted primarily from
Answer reshaping the urban center by building tall buildings with elevators
2. The growth of shopping centers has been stimulated by
Answer population shifts to the suburbs
3. Incubator spaces are most likely to be found in
Answer research parks
4. Which of the following types of real estate properties utilizes more profes-
sional property managers?
Answer Commercial
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,Champions TX Property Management SAE.pdf file:///C:/Users/HP/Desktop/New%20folder%20(2)/Champions%20
5. If a property owner asks a property manager to manage the property in
violation of current civil rights
laws, the property manager should
Answer terminate the management agreement
6. Which of the following characterizes the expansion phase in the business
cycle?
Answer Production increases
7. In the operating-budget, what is the name of the expenditure that accounts
for money for replacement
expenditures?
Answer Reserve funds
8. In market analysis, the specific goal of the property manager is to identify
major economic trends and their
Answer effect on the value of a specific property at the manager's particular market
level
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,Champions TX Property Management SAE.pdf file:///C:/Users/HP/Desktop/New%20folder%20(2)/Champions%20
9. Cash flow from a property is predicted by which of the following formu- las?
Answer Anticipated revenue minus total adjusted operating expenses and minus debt
service
10. At or just before the peak of the general business cycle,
Answer supply surpasses demand
11. From an economic standpoint, the rental market as a segment of the
economy
Answer is generally poor during a contraction phase
12. To avoid any surprises when taking over a new property, the manager
should first
Answer read all the leases
13. What should the manager do if the building is 100% occupied?
Answer Consider raising the rents
14. A good management plan is based on a(n)
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Champions TX Property Management SAE
Questions & Answers
1. The demand for professional property management that occurred in the late
1800s resulted primarily from
Answer reshaping the urban center by building tall buildings with elevators
2. The growth of shopping centers has been stimulated by
Answer population shifts to the suburbs
3. Incubator spaces are most likely to be found in
Answer research parks
4. Which of the following types of real estate properties utilizes more profes-
sional property managers?
Answer Commercial
1/
1 of 20 12/10/2024, 11:36
,Champions TX Property Management SAE.pdf file:///C:/Users/HP/Desktop/New%20folder%20(2)/Champions%20
5. If a property owner asks a property manager to manage the property in
violation of current civil rights
laws, the property manager should
Answer terminate the management agreement
6. Which of the following characterizes the expansion phase in the business
cycle?
Answer Production increases
7. In the operating-budget, what is the name of the expenditure that accounts
for money for replacement
expenditures?
Answer Reserve funds
8. In market analysis, the specific goal of the property manager is to identify
major economic trends and their
Answer effect on the value of a specific property at the manager's particular market
level
2/
2 of 20 12/10/2024, 11:36
,Champions TX Property Management SAE.pdf file:///C:/Users/HP/Desktop/New%20folder%20(2)/Champions%20
9. Cash flow from a property is predicted by which of the following formu- las?
Answer Anticipated revenue minus total adjusted operating expenses and minus debt
service
10. At or just before the peak of the general business cycle,
Answer supply surpasses demand
11. From an economic standpoint, the rental market as a segment of the
economy
Answer is generally poor during a contraction phase
12. To avoid any surprises when taking over a new property, the manager
should first
Answer read all the leases
13. What should the manager do if the building is 100% occupied?
Answer Consider raising the rents
14. A good management plan is based on a(n)
3/
3 of 20 12/10/2024, 11:36
