16230057
Beschreibung
Quiz von Wendy Carlin, aktualisiert more than 1 year ago
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Erstellt von Wendy Carlin
vor mehr als 5 Jahre
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Frage 1
Frage
A management agreement is to a property manager as a(n)
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listing agreement is to a broker.
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lease is to a tenant.
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deed is to a buyer.
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assignment.
Frage 2
Frage
A real estate broker acting as an owner's property manager
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must not profit from private contracts at the expense of the owner.
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May manage the client's property to his or her own advantage.
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need not maintain complete and accurate trust account records.
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can personally collect the interest earned on the account funds.
Frage 3
Frage
Adaptations of property specifications to suit tenant requirements are
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tax-exempt improvements.
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tenant improvements.
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prohibited by most nonresidential leases.
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generally not a good idea.
Frage 4
Frage
All of the following would cause a high vacancy rate EXCEPT
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Inept management
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Poor location
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Excessive rent
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Very desirable amenities
Frage 5
Frage
In determining rental amounts, a property manager considers the economic principle of
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marginal contribution.
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supply and demand.
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conformity.
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balance.
Frage 6
Frage
All of the following are important functions of a property manager EXCEPT
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Supervising the maintenance of the property
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Protecting the physical integrity of the property
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Meeting the functional requirements of the tenants
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Preparing the owner's income tax returns
Frage 7
Frage
All of the following are alternative risk management techniques EXCEPT
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avoiding it.
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retaining it.
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ignoring it.
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transferring it.
Frage 8
Frage
The property manager's chief concern should be that
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the property is seldom vacant because it is consistently rented at the lowest possible rents.
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the property is managed to achieve the highest overall rate of return possible on the owner's investment.
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the property manager's time is maximized in his or her management of the property.
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the property exhibits the proper amount of the owner's pride of ownership.
Frage 9
Frage
The type of maintenance that is most often neglected is
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corrective.
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deferred.
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routine.
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preventive.
Frage 10
Frage
A property manager's primary obligation is to
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tenants.
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owners.
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bankers.
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government authorities.
Frage 11
Frage
All of the following should be a consideration in selecting a tenant for the property except
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Size of the available space relative to the tenant's requirements
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Tenant's agility to make the rental payments
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Compatibility of the tenant's business with those of other tenants
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Ethnic background of the tenant and his or her employees
Frage 12
Frage
All of the following are different types of compensation from which a property management firm may receive income EXCEPT
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a fixed fee.
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a percentage of the net rentals collected.
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a fixed fee with a percentage on new rentals.
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a percentage of purchases made from suppliers.
Frage 13
Frage
The manager of a commercial building has many responsibilities in connection with the operation and maintenance of the structure. The manager would normally be considered the agent of
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the building's owner.
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the building's tenants.
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both the owner and the tenants.
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neither the owner nor the tenants.
Frage 14
Frage
Successful property managers do all of the following EXCEPT
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screen the tenants' ability to pay and their space needs.
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study rental rates in the area to get the best possible sense of supply and demand.
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consider the type of business the tenant has and how it will fit businesses already on the property.
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keep on good terms with tenants by overlooking infractions of building rules.
Frage 15
Frage
Because of the complexity of today's laws affecting properties, a property manager needs to be familiar with all of the following EXCEPT
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environmental hazards.
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accessible construction..
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nondiscriminatory practices.
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investment securities laws.
Frage 16
Frage
All of the following are duties of a property manager EXCEPT
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renting space to tenants.
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preparing a budget.
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complying with legal requirements.
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repairing tenant fixtures.
Frage 17
Frage
An office rents for $450 per month and measures 12 feet by 20 feet. Teh advertised annual rent per square foot would be
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$1.875.
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$4.50
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$18.75
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$22.50
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