BANK| CALIFORNIA CERTIFIED RESIDENTIAL
MANAGER EXAM PREP WITH 300 REAL EXAM
QUESTIONS AND CORRECT VERIFIED ANSWERS/
ALREADY GRADED A+ (MOST RECENT!)
How is rent per square foot calculated - ANSWER - Current rent divided
by square footage
Which of three should be included in a market survey - ANSWER - Rent
terms and occupancy rate and age
The 24 hour notice is required to enter a residence unit in case of -
ANSWER - Maintenance for smoke detector
A three day notice to perform conditions are covenants or quit is used to
when - ANSWER - Community policies have been broken
Chart of accounts is used for - ANSWER - Coding system for payments
Which is not considered a basic component of a lease - ANSWER -
Credit history information
pg. 1
,When you have just learned that a tenant has an on authorized pet the
appropriate document to serve is - ANSWER - Three day notice to
perform conditions or covenants or quit
After how long mailing a notice of abandonment do you have to wait
before you can dispose of the personal property valued at least then 700
from a formal resident that has left behind - ANSWER - 18 days
Which is a reasonable reason for an on-site transfer - ANSWER - Health
or medical issues, safety concerns, uninhabitable conditions
The term hold over refers to - ANSWER - A resident who remains after
the lease has expired and does not renew for an additional term
A resident has the legal right to terminate a lease on 14 days notice in
which of the following situations - ANSWER - Domestic violence
A security deposit is - ANSWER - Common cause of conflict in property
management
When a resident is the victim of human trafficking with proper
documentation the owner is required - ANSWER - Allow the resident to
terminate the tenancy and change the locks at the residence request
pg. 2
,Thersea care deposit and or item my statement of charges against the
deposit must be provided to the resident within space - ANSWER - 21
days
When and in fraction a policy occurs what is the for a first step to take -
ANSWER - Written notice of counseling
The ultimate responsibility and liability for personnel working on the
property employed by a vendor or subcontractor belongs - ANSWER -
Owner of the property
Performance standards - ANSWER - Purpose specific measurable
guidelines that include a timeline to meet goals
Which step in the three-step decision disciplinary program would focus
on consequence - ANSWER - Written warning
Fiscal records are kept track of - ANSWER - Finance
Profit and loss statements are used - ANSWER - To measure the
difference between budgeted number an actual revenue and expenses
How many years should an owner or manager keep applications on file
in order to protect them from claims - ANSWER - Five years
pg. 3
, What are some steps to take before the final and most severe step
termination is completed - ANSWER - Investigate individually with all
parties involved, provide clear expectations in writing, measure
improvement
If a bedbug infestation is discovered the maintenance team should first -
ANSWER - Call pest control company
California law states that contractors may file a police Menary lien
notice within - ANSWER - 20 days if payment is not received
Owner agent contractors or other individuals who perform repairs
renovations or painting on properties must comply with EPA
certification training - ANSWER - Pre-1978
Owner agents of residential property in California are required to lease
units that are - ANSWER - Habitable
Former resident file should be kept for a minimum - ANSWER - Five
years
The code provides that hot water heaters must be in good repair and that
the temperature is set no higher - ANSWER - 1 20°
pg. 4