CAM Practice test
A. Holdover rent B. Unpaid Rent
C. Background Check fee D. Eviction fees - Answer-All of the following expenses can be deducted from
the security deposit of a resident EXCEPT.
Who should complete a rental application? - Answer-A. Prospective resident B. Property Manager
C. Minor occupant D. Leasing Agent
Which reason BEST describe why it is important for an apartment manager to paraphrase a resident's
remarks during a conversation? - Answer-It helps to avoid miscommunication and shows that the
apartment manager cares about the resident.
Which term is BEST defined as a legally enforceable contract that grants a resident the rights and
responsibilities of possession and use of an apartment for a specified period of time? - Answer-Lease
When may it be unnecessary to collect bids for a contract? - Answer-The contract is for a negligible
amount.
During contract work at a property, which method of risk reduction is used to encourage satisfactory
completion of work by withholding a percentage of payment? - Answer-Retainage fee
Which term is BEST defined as a neutral policy or procedure that has a disproportionately negative
effect on a protected class - Answer-Disparate impact
A. Holdover rent B. Unpaid Rent
C. Background Check fee D. Eviction fees - Answer-All of the following expenses can be deducted from
the security deposit of a resident EXCEPT.
Who should complete a rental application? - Answer-A. Prospective resident B. Property Manager
C. Minor occupant D. Leasing Agent
Which reason BEST describe why it is important for an apartment manager to paraphrase a resident's
remarks during a conversation? - Answer-It helps to avoid miscommunication and shows that the
apartment manager cares about the resident.
Which term is BEST defined as a legally enforceable contract that grants a resident the rights and
responsibilities of possession and use of an apartment for a specified period of time? - Answer-Lease
When may it be unnecessary to collect bids for a contract? - Answer-The contract is for a negligible
amount.
During contract work at a property, which method of risk reduction is used to encourage satisfactory
completion of work by withholding a percentage of payment? - Answer-Retainage fee
Which term is BEST defined as a neutral policy or procedure that has a disproportionately negative
effect on a protected class - Answer-Disparate impact
