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22-property management Questions with complete solution 2024/2025 $13.49   Add to cart

Exam (elaborations)

22-property management Questions with complete solution 2024/2025

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  • Course
  • Property management
  • Institution
  • Property Management

22-property management Questions with complete solution 2024/2025 22-property management property managers in NY - correct answer for those wanting to specialize in property management career, a rela estate license is a must property manager - correct answer oversees the management of a...

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  • September 30, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Property management
  • Property management
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flyhigher329
22-property management
property managers in NY - correct answer ✔for those wanting to specialize
in property management career, a rela estate license is a must


property manager - correct answer ✔oversees the management of a number
of properties for various owners


building manager - correct answer ✔manages just one building


resident manager - correct answer ✔represents a property management
firma nd may live on the premises of the building that he or she manages


BOMA international-building owners and manager association - correct
answer ✔professional organization that offers educational courses for
property managers as they continue their career


RPA-real property administer- if awarded to those who complete


the institute of real estate management -IREM - correct answer ✔national
association of realtoers affiliate group that offers eduation and gives out ARM
-accredited residential manager and CPM- certified property mnager


NARPM- national association of residential property managers - correct
answer ✔manage single family dwellings gives out PPM-professional
property manager and MPM master property manager

, leasehold estate - correct answer ✔type of interest that gives the holder
temporary right to exclusive possession of that real estate without actually
having title to property


estate for years - correct answer ✔-any leasehold estate for a fixed time
period with specific beginning and ending date
-terminates automatically at end of specific period
-not terminated by the death of either party


terminating estate for years - correct answer ✔neither tenant or landlord can
terminate early unless mutual agreement


periodic tenancy - correct answer ✔last for an identified period of but does
not have termination date and automatically renews itself


most commom periodic tenancy - correct answer ✔month to month


tenancy at will - correct answer ✔no specified termination date and no
regular rental period


tenancy at sufferance - correct answer ✔possession of property by a tenant
who originally has a right to live on the property but stays once lease expires
without permission


anchor tenant - correct answer ✔major department or chain store stratigically
located within a shopping center to give maximum exposure to smaller
satellite stores

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