SAE PROPERTY MANAGEMENT TEXAS EXAM
SCRIPT 2026 FULL QUESTIONS AND CORRECT
ANSWERS
◉ The growth of shopping centers has been stimulated by. Answer:
population shifts to the suburbs
◉ Incubator spaces are most likely to be found in. Answer: research
parks
◉ Which of the following types of real estate properties utilizes more
professional property managers? Answer: Commercial
◉ 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
◉ Which of the following characterizes the expansion phase in the
business cycle? Answer: Production increases
,◉ In the operating-budget, what is the name of the expenditure that
accounts for money for replacement
expenditures? Answer: Reserve funds
◉ 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
◉ Cash flow from a property is predicted by which of the following
formulas? Answer: Anticipated revenue minus total adjusted operating
expenses and minus debt service
◉ At or just before the peak of the general business cycle,. Answer:
supply surpasses demand
◉ From an economic standpoint, the rental market as a segment of the
economy. Answer: is generally poor during a contraction phase
◉ To avoid any surprises when taking over a new property, the manager
should first. Answer: read all the leases
◉ What should the manager do if the building is 100% occupied?
Answer: Consider raising the rents
, ◉ A good management plan is based on a(n). Answer: operating budget
for one year
◉ A property manager acting as an agent. Answer: owes the duties of
care, loyalty, obedience, accounting, and disclosure to the principal
◉ The written agreement between the owner and the agent that specifies
the duties of each is known as a. Answer: management contract
◉ MOST property managers seek agreements with a term of at least.
Answer: one year
◉ A property manager's agreement provides for a leasing fee plus
$13,000 per year for managerial services.
What kind of agreement is this? Answer: Flat-fee arrangement
◉ A flat fee arrangement would be MOST appropriate when managing
a(n). Answer: condominium community
◉ If a property owner violates any applicable law or regulation, the
property manager. Answer: may cancel the contract immediately upon
serving the owner with notice of intent
SCRIPT 2026 FULL QUESTIONS AND CORRECT
ANSWERS
◉ The growth of shopping centers has been stimulated by. Answer:
population shifts to the suburbs
◉ Incubator spaces are most likely to be found in. Answer: research
parks
◉ Which of the following types of real estate properties utilizes more
professional property managers? Answer: Commercial
◉ 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
◉ Which of the following characterizes the expansion phase in the
business cycle? Answer: Production increases
,◉ In the operating-budget, what is the name of the expenditure that
accounts for money for replacement
expenditures? Answer: Reserve funds
◉ 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
◉ Cash flow from a property is predicted by which of the following
formulas? Answer: Anticipated revenue minus total adjusted operating
expenses and minus debt service
◉ At or just before the peak of the general business cycle,. Answer:
supply surpasses demand
◉ From an economic standpoint, the rental market as a segment of the
economy. Answer: is generally poor during a contraction phase
◉ To avoid any surprises when taking over a new property, the manager
should first. Answer: read all the leases
◉ What should the manager do if the building is 100% occupied?
Answer: Consider raising the rents
, ◉ A good management plan is based on a(n). Answer: operating budget
for one year
◉ A property manager acting as an agent. Answer: owes the duties of
care, loyalty, obedience, accounting, and disclosure to the principal
◉ The written agreement between the owner and the agent that specifies
the duties of each is known as a. Answer: management contract
◉ MOST property managers seek agreements with a term of at least.
Answer: one year
◉ A property manager's agreement provides for a leasing fee plus
$13,000 per year for managerial services.
What kind of agreement is this? Answer: Flat-fee arrangement
◉ A flat fee arrangement would be MOST appropriate when managing
a(n). Answer: condominium community
◉ If a property owner violates any applicable law or regulation, the
property manager. Answer: may cancel the contract immediately upon
serving the owner with notice of intent
