CAM Practice Test Exam with Questions and Answers – 100% Solved
A decrease in which ratio would be the best indicator of a successful marketing campaign? -
✔✔✔-Cost per lease
A. Holdover rent B. Unpaid Rent
C. Background Check fee D. Eviction fees - ✔✔✔-All of the following expenses can be deducted
from the security deposit of a resident EXCEPT.
At which point does acceptance occur in the rental process? - ✔✔✔-When the applicant signs
the lease
Changes in the rules, services, practices, or policies that allow individuals with disabilities equal
enjoyment of housing? - ✔✔✔-Accommdations
Current and potential residents who want to live in an apartment and who are qualified to live
there? - ✔✔✔-Market
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? - ✔✔✔-Retainage fee
How should a property manager respond after being made aware that a sex offender lives on
the property? - ✔✔✔-Seek legal counsel about disclosure responsibility.
In order for the progress of a marketing campaign to be measured, the marketing plan must
contain which type of elements? - ✔✔✔-Trackable
In order to make the rental contract legal, what does the resident offer as consideration? -
✔✔✔-Rent money
A decrease in which ratio would be the best indicator of a successful marketing campaign? -
✔✔✔-Cost per lease
A. Holdover rent B. Unpaid Rent
C. Background Check fee D. Eviction fees - ✔✔✔-All of the following expenses can be deducted
from the security deposit of a resident EXCEPT.
At which point does acceptance occur in the rental process? - ✔✔✔-When the applicant signs
the lease
Changes in the rules, services, practices, or policies that allow individuals with disabilities equal
enjoyment of housing? - ✔✔✔-Accommdations
Current and potential residents who want to live in an apartment and who are qualified to live
there? - ✔✔✔-Market
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? - ✔✔✔-Retainage fee
How should a property manager respond after being made aware that a sex offender lives on
the property? - ✔✔✔-Seek legal counsel about disclosure responsibility.
In order for the progress of a marketing campaign to be measured, the marketing plan must
contain which type of elements? - ✔✔✔-Trackable
In order to make the rental contract legal, what does the resident offer as consideration? -
✔✔✔-Rent money
