Property manager ans - Study guides, Class notes & Summaries

DC Property Managers Study Guide (Answered) Management Plan - ANS Assists the owner in meeting their goals while maximizing the property's value and return. The plan describes in detail the subject property's current use along with it's physical condition, fiscal projections, and operational issues (includes an analysis of the market regional & neighborhood). Organizational and educational programs available to assist in enhancing the property manager's knowledge, identifying res...

CMCA Practice Exam Questions And Answers Quorum requirements conflicts are resolved by: a. state statute b. the board of directors c. a vote of those present at a meeting d. appointment of a person as a proxy - ANS A Fidelity insurance provides coverage to ensure that the: a. board will meet its fiduciary obligations. b. the manager will faithfully follow all document provisions. c. association will be covered for shortfalls in the reserve accounts. d. association will recover ...

Timeshare - Final Exam Questions And Answers The main reasons the rental or resale value of any timeshare can vary are due to: - ANS Its location, season, size, competition, age, and demand. When bringing an individual into an organization, the human resource staff should determine if the candidate's values are consistent with the organizations. The indoctrination of a new employee into an organization should include: - ANS An in-depth discussion of the organization's purpose, val...

Community Association Manager Licensing Exam Questions And Answers Community Association (Definition) - ANS a residential homeowners' association in which membership is a condition of ownership (mandatory) of a unit in a planned unit development, or of a lot for a home or a mobile home, or of a townhouse, villa, condominium, cooperative, or other residential unit which is part of a residential development scheme and which is authorized to impose a fee (assessment) which may become a lien ...

Florida Community Association Manager Prelicensure Course Exam Questions And Answers After purchasing the mobile home park, the residents form a community association and hire a paid manager. The manager must be licensed under Part VIII of Chapter 468 if the budget of the association exceeds: A.$50,000 B.$75,000 C.$100,00 D.$125,000 - ANS C. A type of joint ownership of real estate where legal title is not vested in the individual, but the individual receives the right to occupy a un...

Deed Restrictions Ans: Legally enforceable terms that govern the use of real estate Redlining Ans: The practice of refusing to make residential loans or imposing more onerous terms on any loans made because of the predominant race, color, national origin, religion, sex, disability, or familial status of the area's residents. Civil Rights Act of 1968 Ans: Following the assassination of Dr. Martin Luther King Jr., Congress passed what monumental piece of legislation, which prohibits di...

Latest CAM - Community Association Manager License GA 100% Correct Answers The Year 1925 *Ans* License Law enacted and the GREC (Georgia Real Estate Commission) was created to protect from harmful acts of Real Estate brokers. GREC *Ans* Georgia Real Estate Commission; holds 6 members. 1 of which is not RE (real estate) licensed GREC's Authority *Ans* Can Issue or Deny RE (real estate) Licenses, Can discipline by revoking, suspending, warning, or fining, Can set rules and regs, and Es...

CA SIP EXAM TEST RIGHT QUESTIONS AND ANSWERS QUIZ BANK SOLVED AND VERIFIED 100% What is the rating for a 30 year old heavy furniture assembler with a soft tissue injury to the cervical spine causing a loss of range of motion resulting in an 8% impairment standard? A. 9% B. 11% C. 15% D. 19% Ans- B. 11% 15.01.02.02-8%-{5}10-470H-13-11% What is the rating for a 40 year old forester with an elbow injury resulting in loss of motion and a 50% upper extremity impairment? A. 25% B. 28% C. 31% D....

Florida Cam Exam Questions And Answers All Florida Cam Exam All verified A Community Association is generally defined as real or personal property, owned by two or more entities, which share the responsibility for the costs of maintenance and administration - ANS True Purchasers of a timeshare plan have a ten day contract rescission period in which to cancel the purchase - ANS True The Florida Fair Housing Act prohibits discrimination on the basis of handicap - ANS True A val...

121 Principles of Real Estate Latest Final Exam Review. 1. The listing is always taken in the name of the _________ and becomes the property of the ___________. A. Broker—salesperson B. Salesperson—seller C. Broker—broker D. Broker—seller (Ans- C. Broker- broker A deed is used to transfer ownership of real estate. A bill of sale would be used to transfer ownership of: A. A mortgage B. Personal property C. A deed of trust D. A house and 2 acres of land (Ans- B. Personal pr...