DC Property Manager Exam (UPDATED
2026) – Questions with 100% Correct
Answers || LATEST UPDATE!!!
I. What is A property manager's primary goal?
To produce the greatest net return for the owner.
I. these are the parties to a property management agreement that establishes a
general agency relationship.
The licensee and the property owner
Property management agreements should include:
description of the property, terms, reporting, Compensations, manager's authority,
manager's duties, management costs, owner's purpose, owner's responsibilities and An
equal opportunity statement
I. Common property manager duties can include:
Maintaining and delivering financial reports Renting and Marketing properties Collecting
rent handling tenant problems Maintaining the property Complying with local, state, and
federal regulations
I. it is a binding contract that allows a tenant to occupy (not own) a property.
A lease
I. The tenant stays after the right to possess has terminated. The tenant is known
as a
holdover tenant.
In the District of Columbia, A Building Permit is required for the Following:
, • New construction and foundations
• Additions, alterations, or repair of existing buildings • Demolition• Razes• Construction
of retaining walls, fences, sheds, garages, or vault construction• Erection of signs or
awnings• Layout of interior space for tenants in new or existing commercial buildings
Sufficient Hot Water Temp
Temperature of not less than one hundred twenty degrees Fahrenheit (120 F.)
Furnace/Boiler/Heating System Inspection Dates
Between March 1 and September 1
I. it is one in which the tenant pays some or all of the property's costs in addition
to rent. These leases are often used for large commercial and industrial leases.
These leases tend to favor the landlord's interests because property costs fall on
the tenant.
A net lease
When the tenant is paying for property taxes, insurance, and maintenance along
with the rent, the lease is generally referred to as a
triple net lease (NNN)
it is a triple net lease in which the tenant is also responsible for all building
expenses and repairs, including roofing and structural repairs. This has no legal
protection
An absolute net lease
Required Levels of Heat by Building
• 68 degrees between 6:30 am and 11 pm
• 65 degrees between 11 pm and 6:30 am
2026) – Questions with 100% Correct
Answers || LATEST UPDATE!!!
I. What is A property manager's primary goal?
To produce the greatest net return for the owner.
I. these are the parties to a property management agreement that establishes a
general agency relationship.
The licensee and the property owner
Property management agreements should include:
description of the property, terms, reporting, Compensations, manager's authority,
manager's duties, management costs, owner's purpose, owner's responsibilities and An
equal opportunity statement
I. Common property manager duties can include:
Maintaining and delivering financial reports Renting and Marketing properties Collecting
rent handling tenant problems Maintaining the property Complying with local, state, and
federal regulations
I. it is a binding contract that allows a tenant to occupy (not own) a property.
A lease
I. The tenant stays after the right to possess has terminated. The tenant is known
as a
holdover tenant.
In the District of Columbia, A Building Permit is required for the Following:
, • New construction and foundations
• Additions, alterations, or repair of existing buildings • Demolition• Razes• Construction
of retaining walls, fences, sheds, garages, or vault construction• Erection of signs or
awnings• Layout of interior space for tenants in new or existing commercial buildings
Sufficient Hot Water Temp
Temperature of not less than one hundred twenty degrees Fahrenheit (120 F.)
Furnace/Boiler/Heating System Inspection Dates
Between March 1 and September 1
I. it is one in which the tenant pays some or all of the property's costs in addition
to rent. These leases are often used for large commercial and industrial leases.
These leases tend to favor the landlord's interests because property costs fall on
the tenant.
A net lease
When the tenant is paying for property taxes, insurance, and maintenance along
with the rent, the lease is generally referred to as a
triple net lease (NNN)
it is a triple net lease in which the tenant is also responsible for all building
expenses and repairs, including roofing and structural repairs. This has no legal
protection
An absolute net lease
Required Levels of Heat by Building
• 68 degrees between 6:30 am and 11 pm
• 65 degrees between 11 pm and 6:30 am
