Exam Questions And Correct Answers
California law requires every rental housing community having space or more units to
have a responsible person reside on the site
16
The annual gross potential rent is
Total units multiplied by the market rate of each unit multiplied by 12 months
Discounts offered to encourage prospective residents to rent or current resident to
renew their lease is often referred as
Concessions
Which of the following is not considered ancillary income
Security deposits
How is rent per square foot calculated
Current rent divided by square footage
,Which of the following statements is true regarding occupancy standards
No law or standard so none of the above
Which of the following reasons is considered legal for denying an application
False information unverifiable income information/poor credit or credit history or rent
history
Which of three should be included in a market survey
Rent terms and occupancy rate and age
Fair housing law prohibits
Please with young working children to live near the pool and requiring an appliqué
applicant to wait until his or her application is approved before making a request for
reasonable accommodation
When two people are interested in renting a unit together a separate application for
each person is needed
Always anyone over 18 must use an individual application
Email Leads should be response in
,Two hours
A conditional objection is
Sing prevents a prospect from purchasing until a stipulation is meant for example
increased deposit
A criminal background check should not be used to screen applicants
Prior legal guidance
Online leasing allows prospects two
Fill out application online, pay all deposits in fees and execute lease, view current
availability
Effective January 1, 2018 ratio utility billing systems are illegal in California
False
Affective July 2018 new rental agreement must provide a notice about flood hazard's
True
, It is legal to deny an application if the application is unable to prove that he or she is a
legal resident of the United States
False
When concessions are offered they must supply to the first months rent
False
Standard goal should be to convert 30% of all calls to walk in traffic
False
In regard to rent a rental agreement should always state
Amount of rent in due date, who payment is made to and where to be paid, when rent
is considered late
All buildings prior to space assume to contain lead paint. The pamphlet protect your
family from lead in your house must be provided to all residents of the building.
1978
Late charges must be considered reasonable and should
Relate to actual loss incurred by receiving the late rent