SC Property Management Exam Review
2026 | LATEST Updated Q&A with
CORRECT ANSWERS, CORRECT
RATIONALES & A+ Graded Results
The tenant must be advised, in writing, of the name and address of whom? - answ✔️💜💜✔️-The
owner or property management, either
The tenant's obligations of maintaining the unit require the tenant to: - answ✔️💜💜✔️-To keep the
dwelling unit safe and clean
The landlord may have access to the dwelling unit for regularly scheduled services: - answ✔️💜💜✔️-
Between 9 am to 6 pm for regularly scheduled services
If tenant requests that the landlord send someone over to spray for bugs, the pest control people may
come: - answ✔️💜💜✔️-Between 8 am to 8 pm if tenant requests
What are the remedies for abuse of access by the landlord?: - answ✔️💜💜✔️-Injunctive relief,
terminate the rental agreement, get actual damage and reasonable attorney fees
If the landlord is not in compliance with repairs, the tenant may: - answ✔️💜💜✔️-Terminate the
lease 14 days after the notice if repair is still not made or commenced
,If the tenant fails to pay rent, landlord may: - answ✔️💜💜✔️-Terminate the rental agreement (go to
court)
What are the penalties for unlawful retaliation?: - answ✔️💜💜✔️-Pay the tenant 3 months rent and
treble actual damages
Tenant Z complains about conditions to the state housing inspector. The next month, when tenant Z's
lease is expiring, the building manager refuses to renew the lease. This is an example of -
answ✔️💜💜✔️-Unlawful retaliation
When a tenant abandons a property, the landlord must: - answ✔️💜💜✔️-Make reasonable efforts to
re-rent the property, doing so will mitigate damages and terminate the original lease.
In South Carolina, a person who manages the property of others: - answ✔️💜💜✔️-A licensed
property manager, salesman, or broker
When attempting to meet the owner's objectives, the property manager should keep in mind that
increasing net income by decreasing maintenance may have a (an) ______________________ effect.: -
answ✔️💜💜✔️-Negative
The MAJOR RESPONSIBILITY of the property manager is to: - answ✔️💜💜✔️-To obtain the highest
possible return on the investment for the owner
The property manager must develop a management plan to determine the ______________ of the
property: - answ✔️💜💜✔️-The optimum income potential
What type a property is cooperative classified as?: - answ✔️💜💜✔️-Residential
PREVENTATIVE MAINTENANCE should be geared towards eliminating ____________________
maintenance: - answ✔️💜💜✔️-corrective
, When a property manager, in the role of risk manager, BUYS INSURANCE, he is employing which risk
management technique? - answ✔️💜💜✔️-Transferring the risk
Not putting up a jungle gym in the playground is which risk management technique? -
answ✔️💜💜✔️-Avoidance
Would you tell interested buyers or tenants that the adjacent property has been rezoned for an office
park?: - answ✔️💜💜✔️-Yes, you are required. An offsite condition that may affect the property
Offering concessions to a tenant for referring tenants to a property is: - answ✔️💜💜✔️-
Illegal/Unjustified
If the lease states that the landlord will provide heat, the tenant whose apartment is freezing may break
the lease claiming: - answ✔️💜💜✔️-Constructive Eviction
In the event that the landlord fails to or refuses to provide essential services, the tenant is permitted to:
- answ✔️💜💜✔️-Arrange for those services and deduct fee from rent
Rents collected must be deposited in the: - answ✔️💜💜✔️-Trust or escrow account
Can I, as the BIC/PMIC, draw interest earned on the money I am holding in my trust account? -
answ✔️💜💜✔️-Yes, with the written consent of the owner
The rental agreement ended and the landlord and tenant are in dispute over who should get the
security deposit. What do I do? - answ✔️💜💜✔️-Hold the funds until the dispute is settled
What do you call "borrowing" a small sum from the trust account for my regular business expenses?: -
answ✔️💜💜✔️-Conversion or embezzlement
How long do I have to retain records? - answ✔️💜💜✔️-Minimum of 5 years
2026 | LATEST Updated Q&A with
CORRECT ANSWERS, CORRECT
RATIONALES & A+ Graded Results
The tenant must be advised, in writing, of the name and address of whom? - answ✔️💜💜✔️-The
owner or property management, either
The tenant's obligations of maintaining the unit require the tenant to: - answ✔️💜💜✔️-To keep the
dwelling unit safe and clean
The landlord may have access to the dwelling unit for regularly scheduled services: - answ✔️💜💜✔️-
Between 9 am to 6 pm for regularly scheduled services
If tenant requests that the landlord send someone over to spray for bugs, the pest control people may
come: - answ✔️💜💜✔️-Between 8 am to 8 pm if tenant requests
What are the remedies for abuse of access by the landlord?: - answ✔️💜💜✔️-Injunctive relief,
terminate the rental agreement, get actual damage and reasonable attorney fees
If the landlord is not in compliance with repairs, the tenant may: - answ✔️💜💜✔️-Terminate the
lease 14 days after the notice if repair is still not made or commenced
,If the tenant fails to pay rent, landlord may: - answ✔️💜💜✔️-Terminate the rental agreement (go to
court)
What are the penalties for unlawful retaliation?: - answ✔️💜💜✔️-Pay the tenant 3 months rent and
treble actual damages
Tenant Z complains about conditions to the state housing inspector. The next month, when tenant Z's
lease is expiring, the building manager refuses to renew the lease. This is an example of -
answ✔️💜💜✔️-Unlawful retaliation
When a tenant abandons a property, the landlord must: - answ✔️💜💜✔️-Make reasonable efforts to
re-rent the property, doing so will mitigate damages and terminate the original lease.
In South Carolina, a person who manages the property of others: - answ✔️💜💜✔️-A licensed
property manager, salesman, or broker
When attempting to meet the owner's objectives, the property manager should keep in mind that
increasing net income by decreasing maintenance may have a (an) ______________________ effect.: -
answ✔️💜💜✔️-Negative
The MAJOR RESPONSIBILITY of the property manager is to: - answ✔️💜💜✔️-To obtain the highest
possible return on the investment for the owner
The property manager must develop a management plan to determine the ______________ of the
property: - answ✔️💜💜✔️-The optimum income potential
What type a property is cooperative classified as?: - answ✔️💜💜✔️-Residential
PREVENTATIVE MAINTENANCE should be geared towards eliminating ____________________
maintenance: - answ✔️💜💜✔️-corrective
, When a property manager, in the role of risk manager, BUYS INSURANCE, he is employing which risk
management technique? - answ✔️💜💜✔️-Transferring the risk
Not putting up a jungle gym in the playground is which risk management technique? -
answ✔️💜💜✔️-Avoidance
Would you tell interested buyers or tenants that the adjacent property has been rezoned for an office
park?: - answ✔️💜💜✔️-Yes, you are required. An offsite condition that may affect the property
Offering concessions to a tenant for referring tenants to a property is: - answ✔️💜💜✔️-
Illegal/Unjustified
If the lease states that the landlord will provide heat, the tenant whose apartment is freezing may break
the lease claiming: - answ✔️💜💜✔️-Constructive Eviction
In the event that the landlord fails to or refuses to provide essential services, the tenant is permitted to:
- answ✔️💜💜✔️-Arrange for those services and deduct fee from rent
Rents collected must be deposited in the: - answ✔️💜💜✔️-Trust or escrow account
Can I, as the BIC/PMIC, draw interest earned on the money I am holding in my trust account? -
answ✔️💜💜✔️-Yes, with the written consent of the owner
The rental agreement ended and the landlord and tenant are in dispute over who should get the
security deposit. What do I do? - answ✔️💜💜✔️-Hold the funds until the dispute is settled
What do you call "borrowing" a small sum from the trust account for my regular business expenses?: -
answ✔️💜💜✔️-Conversion or embezzlement
How long do I have to retain records? - answ✔️💜💜✔️-Minimum of 5 years
